6. Discuss possible reasons for the slowdown in U.S. productivity growth that occurred in the 1970s and

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6. Discuss possible reasons for the slowdown in U.S.

productivity growth that occurred in the 1970s and 1980s, and relate each reason to the equation for economic growth. Does the growth of TFP or of resources change?

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Macroeconomics

ISBN: 9781250781284

8th Edition

Authors: William Boyes, Michael Melvin

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