Essay
Macroeconomic information for the economy of Anchovy is given below. 
(a)What was the growth rate of average labor productivity in Anchovy between Year 1 and Year 2?
(b)What was the inflation rate in Anchovy between Year 1 and Year 2?
(c)What was the unemployment rate in Year 1? In Year 2?
Correct Answer:
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(a)Average labor productivity: Year 1: 8...View Answer
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Correct Answer:
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