In the formula for calculating the growth rate of multifactor productivity,the growth rate of labor productivity is represented by
A)y - n.
B)b(k - n).
C)bk/n.
D)b - n.

Name: In the formula for calculating the growth rate of multifactor productivity,the growth rate of labor productivity is represented by A)y - n. B)b(k - n). C)bk/n. D)b - n.
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Question

Quizplus · Accepted Answer

The growth rate of labor productivity is represented by $y - n$, where $y$ is the growth rate of output per worker and $n$ is the growth rate of labor input.

In the Formula for Calculating the Growth Rate of Multifactor