Pearson eText Economics -- Instant Access (Pearson+)
Pearson eText Economics -- Instant Access (Pearson+)
13th Edition
ISBN: 9780136879459
Author: Michael Parkin
Publisher: PEARSON+
Question
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Chapter 23, Problem 13APA

(a)

To determine

Explain what happens to potential GDP if investment and labor productivity increases.

(b)

To determine

Explain what happens to employment if investment and labor productivity increases.

(c)

To determine

Explain what happens to real wage rate if investment and labor productivity increases.

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