Total efficiency units of labor is: A.obtained by dividing the total number of workers in the...

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Total efficiency units of labor is: A.obtained by dividing the total number of workers in the economy by the average efficiency of each worker. B.obtained by multiplying the total population of the economy by the average amount of capital available to each worker. C.obtained by dividing the total capital stock of the economy by the total number of workers. D.obtained by multiplying the total number of workers in the economy by the average efficiency of each worker. 2-Suppose that the GDP in current dollars for Polonia is higher than Ruritania's GDP. However, using purchasing power parity-adjusted dollars, Ruritania's GDP is higher than Polonia's GDP. Based on this information, you can conclude A.Polonia's standard of living is likely to be better than Ruritania's. B.Ruritania's standard of living is falling and Polonia's is rising. C.Ruritania's standard of living is rising and Polonia's is falling. D.Ruritania's standard of living is likely to be better than Polonia's. Total efficiency units of labor is: A.obtained by dividing the total number of workers in the economy by the average efficiency of each worker. B.obtained by multiplying the total population of the economy by the average amount of capital available to each worker. C.obtained by dividing the total capital stock of the economy by the total number of workers. D.obtained by multiplying the total number of workers in the economy by the average efficiency of each worker. 2-Suppose that the GDP in current dollars for Polonia is higher than Ruritania's GDP. However, using purchasing power parity-adjusted dollars, Ruritania's GDP is higher than Polonia's GDP. Based on this information, you can conclude A.Polonia's standard of living is likely to be better than Ruritania's. B.Ruritania's standard of living is falling and Polonia's is rising. C.Ruritania's standard of living is rising and Polonia's is falling. D.Ruritania's standard of living is likely to be better than Polonia's.

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