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18 March, 11:32

If the labor force is growing at a 3 percent rate and the efficiency of a unit of labor is growing at a 2 percent rate, then the number of effective workers is growing approximately at a rate of:

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  1. 18 March, 12:47
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    5%

    Step-by-step explanation:

    (labor force growing rate) + (efficiency of a unit of labor) = effective workers growing rate

    3% + 2% = 5%
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