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Macroeconomics , Fifth Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Internet Exercises
Expanding the Nation's Productive Capacity


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

  1. According to this document, how can the growth rate for GDP be increased?
  2. Summarize the major problems associated with measuring productivity.
  3. Why is it particularly difficult to measure productivity change in the service sector?




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