If an economys productivity increases by 10 percent but the


Assume that total output is determined by the formula:

number of workers × productivity = total output

(output per worker)

If an economy's productivity increases by 10 percent but the number of workers declines by 5 percent a year, how will the output change per year? (Round to hundredth percent)

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Business Economics: If an economys productivity increases by 10 percent but the
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