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For the Years 2007-2011, If Output Per Person in the Private

Question 17

Multiple Choice

For the years 2007-2011, if output per person in the private sector grew 1.9 percent, capital intensity grew 1.1 percent, and total factor productivity grew 0.2 percent, what was the growth rate of labor composition?


A) 0.4 percent
B) 2.6 percent
C) 3.4 percent
D) 1.2 percent
E) 1.3 percent

Correct Answer:

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