For the Years 1987-2005,output Per Person in the Private Sector

question 2

Multiple Choice

For the years 1987-2005,output per person in the private sector grew 2.3 percent;capital intensity grew 0.9 percent;and total factor productivity grew 1.1 percent.What was the growth rate of labor composition?

• A)1.2 percent
• B)2.0 percent
• C)0.4 percent
• D)4.3 percent
• E)Not enough information is given.

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Definitions:

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A storage device that allows for the insertion and removal of disk media, facilitating the transfer and backup of data.

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