Exhibit 21-1
-Suppose you are given the following information about productivity growth and growth of capital per hour of work for two different time periods. How much of the slowdown in productivity was due to technological change? Is there anything the government could do to reverse this situation?
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Q138: Embodied technological change pertains to human capital
Q139: According to Paul Krugman, distinguished economics columnist
Q140: Which of the following is the best
Q141: According to the growth-accounting formula, productivity growth
A)can
Q142: Exhibit 21-1 Q144: In the formula Q145: Which of the following types of government Q146: Explain why the discussion about the former Q147: The slope times the change along the Q148: Exhibit 21-1
A)the change in capital per
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