In the early 20th century worker productivity in the Horndal iron works plant in Sweden increased by

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In the early 20th century worker productivity in the Horndal iron works plant in Sweden increased by 2 percent per year over a 15-year period even though the firm did not invest in new capital. What might be the cause for the increase in productivity?

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Macroeconomics

ISBN: 978-1259663048

10th edition

Authors: David C. Colander

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