Does capital formation affect labor productivity

Reference no: EM13692654

Labor productivity is determined by the amount of human and physical capital available for the labor force. Tasks:

Answer the following questions:

1. Which factors make the strongest impact on your personal labor productivity, or that of your closest family member, if you don’t have a job?

2. What actions can a person take to increase his or her labor productivity?

3. Does capital formation affect labor productivity? Explain with examples.

Reference no: EM13692654

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