Business, 23.11.2019 00:31 lizbethmillanvazquez

If the labor force is growing at a 3 percent rate and the efficiency of a unit of labor is growing at a 2 percent rate, then the number of effective workers is growing approximately at a rate of:
a. 3 percent.
b. 6 percent.
c. 5 percent.
d. 2 percent.

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If the labor force is growing at a 3 percent rate and the efficiency of a unit of labor is growing a...