Explain the difference between productivity as defined on p. 2 in Chapter 1 and multifactor productivity as

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Explain the difference between productivity as defined on p. 2 in Chapter 1 and multifactor productivity as defined in this chapter. Explain why productivity as defined in Chapter 1 must increase if multifactor productivity rises and why productivity can increase without an increase in multifactor productivity.
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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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