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 8SPPA
To determine

To explain:

The sources of growth in labor productivity in economy of US during the fifty years since 1960, and the way 1960s differed from the recent ten years.

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What has happened to the rate of productivity growth over the past 50 years? How might you explain this phenomenon?
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