If output rises by 35 percent while hours of work increase by 40 percent, has productivity increased

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If output rises by 35 percent while hours of work increase by 40 percent, has productivity increased or decreased? By how much?

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Economics Principles and Policy

ISBN: 978-1305280595

13th edition

Authors: William Baumol, Alan Blinder

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Question Posted: Apr 16, 2018 02:50 AM

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If output rises by 35 percent while hours of work increase by 40 percent, has productivity increased

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If output has not kept pace wit...View the full answer

Economics Principles and Policy

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