Authors libby rittenberg 118
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Figure 2.21
1. Approximately what percentage of U.S. growth between
1909 and 1929 was due to increases in quantities of factors
of production?
2. Approximately what percentage of U.S. growth between
1909 and 1929 was due to increases in quality of factors of
production and technological improvement?
3. Approximately what percentage of U.S. growth between
1950 and 1979 was due to increases in quantities of factors
of production?
4. Approximately what percentage of U.S. growth between
1950 and 1979 was due to increases in quality of factors of
production and technological improvement?
[1] Edward Denison, The Sources of Economic Growth in the United
States (New York: Committee for Economic Development, 1962) and
Edward Denison, Trends in American Growth 1929–1982 (Washington,
D.C.: Brookings Institutions, 1985).
Attributed to Libby Rittenberg and Timothy Tregarthen
Saylor URL: />
Saylor.org
118
