If hours worked grew 1.5 percent last year and labor productivity grew 2.2 percent, then by how much did output grow over the year?

Name: If hours worked grew 1.5 percent last year and labor productivity grew 2.2 percent, then by how much did output grow over the year?
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Question

Quizplus · Accepted Answer

Output growth is the sum of the growth in hours worked and the growth in labor productivity. Therefore, output grew by 1.5 percent + 2.2 percent = 3.7 percent.

If Hours Worked Grew 1