Question: Consider the table below containing data for Germany and Japan on the ratio of employment to population in 1980 and 2010: Using data from Table

Consider the table below containing data for Germany and Japan on the ratio of employment to population in 1980 and 2010:

1980 2010 Germany 0.33 0.52 Japan 0.48 0.49

Using data from Table 14.1, find average labor productivity for each country in 1980 and 2010. How much of the increase in output per person in each country over the 1980 to 2010 period is due to increased labor productivity? To increased employment relative to population? (LO2)

1980 2010 Germany 0.33 0.52 Japan 0.48 0.49

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