Question: 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

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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