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The total efficiency units of labor is obtained by ________.
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The total efficiency units of labor is obtained by ________.
The total efficiency units of labor is obtained by ________.
▸ multiplying the total population of an economy by the average amount of capital available to each worker
▸ dividing the total number of workers in an economy by their average level of human capital
▸ multiplying the total number of workers in an economy by their average level of human capital
▸ dividing the total physical capital stock of an economy by the total number of workers
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Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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multiplying the total number of workers in an economy by their average level of human capital
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Just got PERFECT on my quiz
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I appreciate what you did here, answered it right
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Thanks for your help!!
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