If the contribution from capital and labor growth in a given economy e
If the contribution from capital and labor growth in a given economy equals 4.0 percent and output growth equals 6.4 percent over that same period of time, then productivity growth must equal ________.
A) 25.6 percent
B) 10.4 percent
C) 2.4 percent
D) 1.6 percent
ANSWER
C
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