In 1950, 57.9% of the population in the United States was of working age. In 1965, only

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In 1950, 57.9% of the population in the United States was of working age. In 1965, only 51.2%

of the population was of working age. Calculate the effect of this change in demographics on the annual growth rate of GDP per capita.

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Economic Growth

ISBN: 9780273769293

3rd Edition

Authors: David N Weil

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