A 75 percent of the population in a country is employed and average labour productivity equals $23,000. Calculate real GDP per person B. If real GOP per person in a country equals $26,000 and 60 percent of the population is employed. Calculate average labour productivity
A 75 percent of the population in a country is employed and average labour productivity equals $23,000. Calculate real GDP per person B. If real GOP per person in a country equals $26,000 and 60 percent of the population is employed. Calculate average labour productivity
Chapter16: Economic Growth
Section: Chapter Questions
Problem 14E
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