If inflation is 3% but wages rise by 5% and there are no additional inflationary expectations, what is the rate of increase in labor productivity?
a-8%
b-2%
c-3
d-5%
+2
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Home » Business » If inflation is 3% but wages rise by 5% and there are no additional inflationary expectations, what is the rate of increase in labor productivity? a-8% b-2% c-3 d-5%