What percent rate of change in labor productivity over year


Problem

Between Q1, 2014 and Q1, 2015 measured Output in the non- farm business sector increased by 3.2%. During this time period the unemployment rate fell from 6.6% to 5.5% and total hours worked in the nonfarm business sector increased by 2.8%.

What was the % rate of change in labor productivity over the year? Explain your answer briefly.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What percent rate of change in labor productivity over year
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