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I don't think this is that complicated. Exactly as I literally said in the above post, the combination of labor quantity * productivity = output. if your labor
by anm89 4y ago
I don't think this is that complicated. Exactly as I literally said in the above post, the combination of labor quantity * productivity = output. if your labor quantity goes down but productivity goes up gdp can go up.
This isn't my opinion, it's how economics define those terms.
Also, labor quantity can go up or stay flat while total population goes down