3) Consider the table below containing data for Germany and Japan on the ratio of employment to population in 1980 and 2010. 1980 2010 Germany Japan 0.33 0.52 0.48 0.49 Using data on real GDP per person from table below, find average labor productivity for each country in 1980 and 2010. How much of the increase in output per person in each country over the 1980 to 2010 period is due to increased labor productivity? To increased employment relative to population? Country 1870 1913 1950 1980 1990 2010 Annual % change 1870-2010 Annual % change 1950-2010 Annual % change 1980-2010 United States 2,445 5,301 9,561 18,577 23,201 30,491 United Kingdom 3,190 4,921 6,939 12,931 16,430 23,777 Germany 1,839 3,648 3,881 14,114 15,929 20,661 1.8 2.0 1.7 1.4 2.1 2.1 1.7 2.8 1.3 Japan China 737 1,387 1,921 13,428 18,789 530 552 21,935 2.5 4.1 1.6 448 1,061 1,871 8,032 2.0 4.9 7.0 Brazil 713 811 1,672 5,195 4,920 6,879 1.6 2.4 0.9 India 533 673 619 938 1,309 3,372 1.3 2.9 4.4 Ghana 439 781 1,122 1,157 1,062 1,922 1.1 0.9 1.7

3) Consider the table below containing data for Germany and Japan on the ratio of employment to population in 1980 and 2010. 1980 2010 Germany Japan 0.33 0.52 0.48 0.49 Using data on real GDP per person from table below, find average labor productivity for each country in 1980 and 2010. How much of the increase in output per person in each country over the 1980 to 2010 period is due to increased labor productivity? To increased employment relative to population? Country 1870 1913 1950 1980 1990 2010 Annual % change 1870-2010 Annual % change 1950-2010 Annual % change 1980-2010 United States 2,445 5,301 9,561 18,577 23,201 30,491 United Kingdom 3,190 4,921 6,939 12,931 16,430 23,777 Germany 1,839 3,648 3,881 14,114 15,929 20,661 1.8 2.0 1.7 1.4 2.1 2.1 1.7 2.8 1.3 Japan China 737 1,387 1,921 13,428 18,789 530 552 21,935 2.5 4.1 1.6 448 1,061 1,871 8,032 2.0 4.9 7.0 Brazil 713 811 1,672 5,195 4,920 6,879 1.6 2.4 0.9 India 533 673 619 938 1,309 3,372 1.3 2.9 4.4 Ghana 439 781 1,122 1,157 1,062 1,922 1.1 0.9 1.7

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter20: Economic Growth

Section: Chapter Questions

Problem 35P: Say that the average worker in the U.S. economy is eight times as productive as an average worker in...

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Question

3) Consider the table below containing data for Germany and Japan on the ratio of employment
to population in 1980 and 2010.
1980
2010
Germany
Japan
0.33
0.52
0.48
0.49
Using data on real GDP per person from table below, find average labor productivity for each
country in 1980 and 2010. How much of the increase in output per person in each country over
the 1980 to 2010 period is due to increased labor productivity? To increased employment relative
to population?
Country
1870 1913 1950 1980
1990
2010
Annual % Annual %
change change
1870-2010 1950-2010
Annual %
change
1980-2010
Japan
China
530
Brazil
713
811
India
533
673
Ghana
439
781
United States 2,445 5,301 9,561 18,577 23,201 30,491
United Kingdom 3,190 4,921 6,939 12,931 16,430 23,777
Germany
1,839 3,648 3,881 14,114 15,929 20,661
18,789 21,935
1,061 1,871 8,032
5,195 4,920 6,879
938 1,309
1,157 1,062
1.8
2.0
1.7
1.4
2.1
2.1
1.7
2.8
1.3
737 1,387 1,921 13,428
552 448
2.5
4.1
1.6
2.0
4.9
7.0
1,672
1.6
2.4
0.9
619
3,372
1.3
2.9
4.4
1,122
1,922
1.1
0.9
1.7

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