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Q6 (6 points) Using an equation (one is enough) and in words, briefly define total factor productivity growth. What is this measure usually interpreted
Q6 (6 points) Using an equation (one is enough) and in words, briefly define total factor productivity growth. What is this measure usually interpreted to represent? What policy(ies) did a World Bank study in the 1990's advocate to encourage total factor productivity growth in developing countries? (6 points) (Hand-written answer in complete sentences/paragraphs & upload a picture of your work.)
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