Productivity growth in both 1990 and 1991 was 0.7 percent; in 1992 it rose to 3.4 percent.
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Productivity growth in both 1990 and 1991 was 0.7 percent; in 1992 it rose to 3.4 percent.
Can you think of a possible explanation for this abrupt change? (Hint: A recession occurred in 1990–1991.)
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Related Book For
Contemporary Labor Economics
ISBN: 9780073375953
9th Edition
Authors: Campbell McConnell, Stanley Brue, David Macpherson
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