KEY QUESTION To what extent have increases in U.S. real GDP resulted from more labor inputs? From

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KEY QUESTION To what extent have increases in U.S. real GDP resulted from more labor inputs? From higher labor productivity? Rearrange the following contributors to the growth of productivity in order of their quantitative importance:

economies of scale, quantity of capital, improved resource allocation, education and training, technological advance.

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Economics

ISBN: 9780073336947

17th Edition

Authors: Campbell McConnell , Stanley Brue

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