Here are hypothetical data for Germany and Japan on average labor productivity, the number of persons employed, and population in a given year Average labor productivity $88,204 |$44,216 Number of persons employed 32.36 million 50.48 million than that of Germany by approximately Population 78.17 million 104.3 million Germany Japan Japan's real GDP per person is O lower; $15,114 O higher; $121,711 O lower; $121,711 O higher, $15,114
Here are hypothetical data for Germany and Japan on average labor productivity, the number of persons employed, and population in a given year Average labor productivity $88,204 |$44,216 Number of persons employed 32.36 million 50.48 million than that of Germany by approximately Population 78.17 million 104.3 million Germany Japan Japan's real GDP per person is O lower; $15,114 O higher; $121,711 O lower; $121,711 O higher, $15,114
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 4P
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