Between october 2012 and jan 2013 measured rgdp in the, Ask an Expert

Economics

Between October 2012 and Jan. 2013 measured RGDP in the economy increased by .1%. Over that same time period total employment in terms of hours worked increased by 2.2%, while the unemployment rate remained in the 7.8% - 7.9% range.

What can you infer from this data about the rate of labor productivity growth in the US economy during this period? If possible give a numerical answer, but in any case explain your answer in a few sentences

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91296232

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