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If the Contribution from Capital and Labor Growth in a Given

Question 3

Multiple Choice

If the contribution from capital and labor growth in a given economy equals 4.0 percent and output growth equals 6.4 percent over that same period of time,then productivity growth must equal ________.


A) 25.6 percent
B) 10.4 percent
C) 2.4 percent
D) 1.6 percent

Correct Answer:

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