PRINCIPLES OF MACROECONOMICS (LL)W/ACC.
7th Edition
ISBN: 9781264088980
Author: Frank
Publisher: MCG
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Chapter 7, Problem 2P
(a)
To determine
Determine the value of labor productivity after 20 years.
(b)
To determine
Determine the value of labor productivity after 20 years if the growth rate declines.
(c)
To determine
Compare the labor productivity for different growth rates.
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