The Substantial Increases in Output Per Worker Over the Last

question 135

Short Answer

The substantial increases in output per worker over the last 50 or so years are largely explained by __________.

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Definitions:

Future Value

The future worth of a current asset on a certain date, calculated by presuming a specific growth rate over a period.

Initial Deposit

The first amount of money placed in an account or investment, often setting the foundation for future financial growth.

Cell D

A reference point, typically in a spreadsheet or grid, denoting a specific cell within the column labeled 'D'.

Initial Deposit

The first amount of money placed into an account or investment, serving as the starting balance from which future transactions are measured.