The following table shows real GDP per hour of work in four imaginary countries in the years

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The following table shows real GDP per hour of work in four imaginary countries in the years 1997 and 2007. By what percentage did labor productivity grow in each country? Is it true that productivity growth was highest where the initial level of productivity was the lowest? For whichcountries?
The following table shows real GDP per hour of work
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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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