Foundations of Economics (8th Edition)
Foundations of Economics (8th Edition)
8th Edition
ISBN: 9780134486819
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
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Chapter 25, Problem 7IAPA
To determine

To explain:

The economy has the higher real GDP per hour of labor, also has the most increasing growth rate of labor productivity and faces more diminishing returns.

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