Productivity Answers

32000
1.28800 = 1.11

2.
300
= = .167 𝑢𝑛𝑖𝑡𝑠 𝑜𝑓 𝑜𝑢𝑡𝑝𝑢𝑡 𝑝𝑒𝑟 𝑑𝑜𝑙𝑙𝑎𝑟 𝑜𝑓 𝑖𝑛𝑝𝑢𝑡
$480 + $600 + $720

3. a. =0.625 loan/ Labour-hour

b. = .0113 loan/ $
c. 1 loan/ labour hour
d. .0175 loan/ $
e. Yes, because labour productivity G R = 60% MFP Growth rate = 55%
4.a.
Labour- Old Labour- New
16 Carts per worker per hour 21 Carts per worker per hour
b.
MFP old MFP new
.89 cart/ dollar .93 cart/ dollar
c.
GR labour 31.25
GR MFP 4.49
5.
240/300= .8 crates/ labour hours
260/308= .844 crates/ labour hours
.844−.8
𝐺𝑟𝑜𝑤𝑡ℎ = = 5.5% 𝑁𝑜𝑡 𝑟𝑒𝑐𝑜𝑚𝑚𝑒𝑛𝑑𝑒𝑑
8

6. a. Partial Productivity
Human= 480/49
Capital= 480/123
Material= 480/204
Power= 480/39
b. Product Productivity
AC Motors= 140/ 123
DC Motors= 250/ 232
Transformer= 90/00

480
c. TFP= = 1.15
415

7.a. 8.57
b. 2.54
c. 1.07
d. 3.48