Efficiency of labor

From CNM Wiki
Revision as of 14:40, 2 July 2020 by Kainat9 (talk | contribs) (Created page with "Efficiency of labor. A variable in the Solow growth model that measures the health, education, skills, and knowledge of the labor force. ==Definition== According to Mac...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Efficiency of labor. 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.