Business, 29.10.2019 05:31, sam9350

Suppose labor productivity is $100,000 per worker in 2015. calculate the value of labor productivity in 2035 (20 years later):

instructions: enter your responses rounded to the closest $100.

a. productivity continues to grow by 2.6 percent per year.

u. s labor productivity in 2035 would be $ per worker.

b. productivity falls to 2.0 percent per year (the average productivity growth between 1970 and 2009).

u. s. labor productivity in 2035 would be $ per worker.

Answers: 3

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Suppose labor productivity is $100,000 per worker in 2015. calculate the value of labor productivity...