Read Chapter 3 of the
Economic Report of the President, 1995.
(To view this document, the free Adobe Acrobat reader plugin must be installed in your browser, if you do not have this, you may download it from the
Adobe Site.)
Questions- According to this document, how can the growth rate for GDP be increased?
- Summarize the major problems associated with measuring productivity.
- Why is it particularly difficult to measure productivity change in the service sector?