The Growth Accounting Formula Is Useful for Determining the Sources

question 91

Essay

The growth accounting formula is useful for determining the sources of productivity growth.
(A) Name the twa sauces af praductivty prowth and wite down the growth accounting farmula.
(B) Exgalain why labar does not directly enter the farmula.
(C) Suppose you were piven the assigment of determining the suures af productivity Frowth far the past year. Eaglan briefly how you wauld do this in terms of the data you cauld eraect to find.

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