Question
If labor productivity growth slows down in a country, this will A.accelerate the increase in nominal GDP. B.accelerate the increase in real GDP per capita.
If labor productivity growth slows down in a country, this will
A.accelerate the increase in nominal GDP.
B.accelerate the increase in real GDP per capita.
C.slow the increase in real GDP per capita.
D.result in an increase in the unemployment rate.
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Capital In The Twenty-First Century
Authors: Thomas Piketty, Arthur Goldhammer
1st Edition
067443000X, 9780674430006
