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U.S. Growth In Gross Domestic Product From 1909 To 1949

Graph representing U.S. growth in gross domestic product from 1909 to 1949. Vertical axis is a log of economic output, horizontal axis is years from 1909 to 1949. Graph shows the portions of output growth that economist Robert Solow attributed to "labor/capital intensity" (the lower one-eight of total growth) and to "technical change" (the upper seven-eights of total growth).

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Updated July 5, 2024