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If Both Total Employment and Total Output Always Grew by 2

Question 88

Multiple Choice

If both total employment and total output always grew by 2 percent each year,what would the annual growth in labor productivity in an economy be over a decade?


A) 0 percent
B) 2 percent
C) 10 percent
D) 20 percent
E) 2 percent times the size of the labor force

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