1.2 Labour productivity is rising at a rapid rate in China and wages are rising at a...

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1.2 Labour productivity is rising at a rapid rate in China and wages are rising at a similar rate. Explain how a rise in labour productivity and wages in China will influence the quantity of real GDP supplied and aggregate supply in China.

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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