For the Years 2004-2005,output Per Person in the Private Sector

question 12

Multiple Choice

For the years 2004-2005,output per person in the private sector grew 2.1 percent;capital intensity grew 0.3 percent;and labor composition grew 0.1 percent.What was the growth rate of total factor productivity?

• A)1.8 percent
• B)2.5 percent
• C)1.7 percent
• D)0.4 percent
• E)Not enough information is given.