Refer to the information provided in Figure 30.2 below to answer the question(s) that follow. Figure 30.2
-Refer to Figure 30.2. Between times ________, labor is more productive because growth in employment is less than growth in output.

Question

Refer to the information provided in Figure 30.2 below to answer the question(s) that follow.  Figure 30.2
-Refer to Figure 30.2. Between times ________, labor is more productive because growth in employment is less than growth in output.

Quizplus · Accepted Answer

Between times t₃ and t₄, the output growth rate is higher than the employment growth rate, indicating that labor is more productive during this time.

Refer to the Information Provided in Figure 30