What are the effects of an increase in the population on potential GDP, the quantity of labour,

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What are the effects of an increase in the population on potential GDP, the quantity of labour, the real wage rate, and potential GDP per hour of labour?

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Macroeconomics Canada in the Global Environment

ISBN: 978-0321778109

8th edition

Authors: Michael Parkin, Robin Bade

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Question Posted: Dec 19, 2015 04:50 AM

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What are the effects of an increase in the population on potential GDP, the quantity of labour,

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An increase in population increases the supply of labour E...View the full answer

Macroeconomics Canada in the Global Environment

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