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hours per year tau weeks at 4121 hours per week]. I he total Input or labor Is 2U,uuu hours.
Productivity {average real output per hour of work} is $1D per worker.
Instructions: In part b round your answer to the nearest whole number. Suppose work hours rise by 1 percent to 20,2DD hours per year and labor productivity rises by 4
percent to $1t].4. l]. in year 2, what will be MDIpDI’S real GDP?

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