Question: Read Eye on U.S. Potential GDP on p. 202 and then explain why U.S. potential GDP per worker per week is greater than that in
Read Eye on U.S. Potential GDP on p. 202 and then explain why U.S. potential GDP per worker per week is greater than that in Europe. What could induce Europeans to work the same hours as Americans and would that close the gap between potential GPD per worker in the two economies?
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