Discuss what rate of increase in the rgdp


Assume the worker productivity increased at the rate of 1.9% per year. If the labor force grew by 1.5% per year, discuss what rate of increase in the RGDP would be sustainable without increasing the inflation pressures?

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: Discuss what rate of increase in the rgdp
Reference No:- TGS0873193

Expected delivery within 24 Hours