If output per worker is now $120,000 per year, how much will the average worker produce 5

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If output per worker is now $120,000 per year, how much will the average worker produce 5 years from now if productivity improves by

(a) 2.0 percent per year? 

(b) 3.0 percent per year?

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Related Book For  book-img-for-question

The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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