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If Capital Per Hour of Work Is Growing at a Rate

Question 112

Multiple Choice

If capital per hour of work is growing at a rate of 3 percent and the government wants output per hour of work to grow at 4 percent, how high does the growth rate of technology have to be?


A) 0 percent
B) 4 percent
C) 3 percent
D) 2 percent
E) 1 percent

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