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LABOUR AND PRODUCTIVITY Society can increase its real output and income in two fundamental ways: 1. By increasing its inputs of resources 2. By raising
LABOUR AND PRODUCTIVITY
- Society can increase its real output and income in two fundamental ways:
1. By increasing its inputs of resources
2. By raising the productivity of those inputs.
Explain it in the Canadian setting, with Canadian examples.
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Principles of Microeconomics
Authors: N. Gregory Mankiw
8th edition
1305971493, 978-1305971493
