Multiple Choice
If both total employment and total output in an economy grow by 2 percent each year,then the annual growth in labor productivity in the economy over a decade will be equal to _____.
A) 0 percent
B) 2 percent
C) 10 percent
D) 20 percent
E) 2 percent times the size of the labor force
Correct Answer:
Verified
Correct Answer:
Verified
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