Re: JNU 2018

Posted by soimmoi on Nov 05, 2017; 2:43pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-2018-tp7608174p7608274.html

hmm. even i think that only.
can somebody help me with this question SSS 2017
Economy A and Economy B have constant rates of unemployment over time, these
being 5% and 10% respectively. The exponential rate of growth of aggregate output in
A is a constant 4% and that in B is a constant 8%. The exponential rate of growth of
labour productivity in A is 2% and that in B is 4%. Which economy must be having the
higher rate of growth of labour force over time?
(a) A
(b) B
(c) Both A and B have the same rate
(d) Information provided is insufficient to answer the question