Explain why productivity growth not only allows a society to have higher living standards in the form

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Explain why productivity growth not only allows a society to have higher living standards in the form of more goods and services, but also allows it to increase the percentage of an average person’s life that is spent in school, on vacation, in retirement, or in other nonwork related activities.
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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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