Question

How much of the

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

Answer 1

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.