The table provides some data for an economy in 2018 and 2019. Calculate labor productivity in 2018 and 2019. What is the growth rate of labor productivity in 2019? >>> Answer to 2 decimal places. Item Aggregate hours (billions) Real GDP (billions of 2012 dollars) 2018 2019 120.0 122.9 3,000 3,180

ENGR.ECONOMIC ANALYSIS
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The table provides some data for an economy in 2018 and 2019.
Calculate labor productivity in 2018 and 2019.
What is the growth rate of labor productivity in 2019?
>>> Answer to 2 decimal places.
Item
Aggregate hours (billions)
Real GDP (billions of 2012 dollars)
2018 2019
120.0 122.9
3,000 3,180
Transcribed Image Text:The table provides some data for an economy in 2018 and 2019. Calculate labor productivity in 2018 and 2019. What is the growth rate of labor productivity in 2019? >>> Answer to 2 decimal places. Item Aggregate hours (billions) Real GDP (billions of 2012 dollars) 2018 2019 120.0 122.9 3,000 3,180
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