ESSENTIALS OF ECONOMICS
11th Edition
ISBN: 9781260225334
Author: SCHILLER
Publisher: RENT MCG
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Question
Chapter 5, Problem 9P
To determine
(a)
The percentage at which productivity should be increased if the population increases by 1% each year.
To determine
(b)
At what percentage the workforce and productivity should be increased if the population increases by 1% each year.
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