Last year, labor productivity increased 4 percent and capital per hour of labor grew 6 percent. How much of the increase in labor productivity was the result of the increase in capital per hour of labor and how much was the result of increases in technology and human capital?

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The Answer of Last year, labor productivity increased 4 percent and capital per hour of labor grew 6 percent. How much of the increase in labor productivity was the result of the increase in capital per hour of labor and how much was the result of increases in technology and human capital?

Last Year, Labor Productivity Increased 4 Percent and Capital Per