Macroeconomics
Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Chapter 1, Problem 1AP
To determine

Whether the average labor productivity falls even when total output is rising or not. Whether the unemployment rate rises even the total output is rising or not.

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