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Discussion Question: Why do you think that increases in total factor productivity are important for a country as a whole? What about for an individual in particular?
Data Source
The Bureau of Labor Statistics. To reproduce (and expand) Table 3.2: Select "nonfarm business" for sector, then "real hourly compensation" (real wages) and "Labor productivity (output per hour)" for measures, and finally "percentage change from same quarter a year ago" for duration. When done, click "get data."
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