Efficiency of labor

From CNM Wiki

Revision as of 14:40, 2 July 2020 by Kainat9 (talk | contribs)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Jump to: navigation, search

Efficiency of labor is a variable in the Solow growth model that measures the health, education, skills, and knowledge of the labor force.

Definition

According to Macroeconomics by Mankiw (7th edition),

Efficiency of labor. A variable in the Solow growth model that measures the health, education, skills, and knowledge of the labor force.

Retrieved from "https://pravka.bskol.com/w/index.php?title=Efficiency_of_labor&oldid=50225"