Consider the table below containing data for Germany and Japan on the ratio of employment to population

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Consider the table below containing data for Germany and Japan on the ratio of employment to population in 1979 and 2008.
Consider the table below containing data for Germany and Japan

Using data from Table 18.1, find average labor productivity for each country in 1979 and in 2008. How much of the increase in output per person in each country over the 1979-2008 period is due to increased labor productivity? To increased employment relative to population?

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Principles of Economics

ISBN: 978-0073511405

5th edition

Authors: Robert Frank, Ben Bernanke

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