1. Graph the growth rate of total factor productivity and the growth of GDP in Australia since...

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1. Graph the growth rate of total factor productivity and the growth of GDP in Australia since 1968.

How would you characterize the movements of these variables since 1968? How was the growth rate of productivity affected by recessions and expansions?

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Macroeconomics Global Edition

ISBN: 978-1292318615

10th Edition

Authors: Andrew Abel ,Ben Bernanke ,Dean Croushore

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