Answer

Test 2- Requires Respondus LockDown Browser ge 1. 100 150 200 250 300 Labour (billions of hours per year) Figure 6.3.3 Refer to Figure 6:3.3. The graph shows the effect of As a result an increase in labour productivity; potential GDP increases and potential GDP per hour of labour does not change an increase in labour productivity; potential GDP increases and potential GDP per hour of labour decreases a decrease in the population; potential GDP decreases and potential GDP per hour of labour increases an increase in labour productivity; potential GDP and potential GDP per hour of labour increase