155k views
4 votes
How much of the

increase in output per person in each country over the
1980 to 2010 period is due to increased labor productivity?

User Vjwilson
by
8.2k points

1 Answer

5 votes

Answer:

Step-by-step explanation:

Each of these components has helped the U.S. raise its labor productivity by 299% from 1950 to 2018. But despite the increased efficiencies of workers, the adjusted median household income only went up 152% in that 68-year period—contributing to a stark wealth divide between the rich and poor.

User Jeremy Cron
by
7.4k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.