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    Exam 6: Economic Growth
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    An Increase in Physical Capital or a Technological Advance
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An Increase in Physical Capital or a Technological Advance

Question 215

Question 215

Multiple Choice

An increase in physical capital or a technological advance


A) shifts the production function downward.
B) decreases the quantity of labor employed.
C) raises the real wage rate.
D) decreases demand for labor.

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