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    Principles of Economics Study Set 12
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    Exam 21: Productivity and Economic Growth
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    Suppose in 2016 That Real GDP of a Particular Country
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Suppose in 2016 That Real GDP of a Particular Country

Question 116

Question 116

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Suppose in 2016 that real GDP of a particular country is $6 trillion, and the capital stock in real terms is $11 trillion. What is the slope of the productivity function?

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Since r(K/Y) = 1/3=0...

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