Concept
Productivity Growth
The rate at which an economy's output per unit of input increases over time, used by economists as the primary measure of how much technological change is actually affecting the real economy.
Productivity Growth
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… Um and in particular um economists have a way of measuring the rate of technological change in the economy that is productivity growth which which we could talk about what that means but basically it's it's a it's sort of the…
Concept
Productivity Growth
The rate at which an economy's output per unit of input increases over time, used by economists as the primary measure of how much technological change is actually affecting the real economy.
Related Concepts1
Related Frameworks1
Related Practices7
Ask about this concept
Transcript mentions
… Um and in particular um economists have a way of measuring the rate of technological change in the economy that is productivity growth which which we could talk about what that means but basically it's it's a it's sort of the…