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Percentage change in the quantity of labor

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Reference no: EM131113020

The Bureau of Labor Statistics reported the following data for the year to June 2009: In the nonfarm sector, output fell 5.5 percent as labor productivity increased 1.9 percentlong dash-the largest increase since 2003 long dash-but in the manufacturing sector, output fell 9.8 percent as labor productivity increased by 4.9 percentlong dash-the largest increase since the first quarter of 2005.

Read the newsclip, then answer the following questions.In both sectors, output fell while labor productivity increased. The quantity of labor (aggregate labor hours) in the nonfarm sector______. The quantity of labor (aggregate labor hours) in the manufacturing sector______. And the percentage change in the quantity of labor was larger in the______ sector.

A. decreased; decreased; manufacturing

B. decreased; decreased; nonfarm

C. increased; increased; nonfarm

D. increased; increased; manufacturing

Reference no: EM131113020

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