Villareal's nominal GDP increasec from $159 billion to $220 billion last year. During the year, its economy experienced ination. with its price index increasing from
Villareal's nominal GDP increasec from $159 billion to $220 billion last year. During the year, its economy experienced ination. with its price index increasing from 106 to 110, while the number of persons employed increased from 20 million to 22 million. By what percentage did its labour productivity increase during the year? Labour productivity increased by $6. Round your answer to 2 decimal piaces.
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