![United States Percentage Change in Real GDP per Capita and Total Factor | Download Scientific Diagram United States Percentage Change in Real GDP per Capita and Total Factor | Download Scientific Diagram](https://www.researchgate.net/publication/317116683/figure/fig1/AS:498086352625664@1495764448233/United-States-Percentage-Change-in-Real-GDP-per-Capita-and-Total-Factor.png)
United States Percentage Change in Real GDP per Capita and Total Factor | Download Scientific Diagram
![SOLVED: According to FRED, US nominal GDP in 2019 was 21.4 trillion (Y) and the number of employed persons in that year was 150 million (L). Assume that the US labor productivity SOLVED: According to FRED, US nominal GDP in 2019 was 21.4 trillion (Y) and the number of employed persons in that year was 150 million (L). Assume that the US labor productivity](https://cdn.numerade.com/ask_previews/6425d7f6-6de0-4d29-ae86-06faeeeb0ea9_large.jpg)
SOLVED: According to FRED, US nominal GDP in 2019 was 21.4 trillion (Y) and the number of employed persons in that year was 150 million (L). Assume that the US labor productivity
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