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(Solved): Hint: Recall that productivity is defined as the amount of goods and services a worker can produce ...



Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem,

Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Based on your calculations, in physical capital per worker from 2029 to 2030 is associated with in labor productivity from 2029 to \( 2030 . \) Suppose you're in charge of establishing economic policy for this small island country. Which of the following policies would lead to greater productivity in the fishing industry? Check all that apply. Imposing restrictions on foreign ownership of domestic capital Imposing a tax on fishing poles Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts Offering free public education to every worker in the country


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Q.1 Physical capital per worker = Total physical capital (fishing poles) ÷Labor force(workers) 2029 - Physical capital per
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