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    Exam 27: The Classical Long-Run Policy Model: Growth and Supply-Side Policies
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    If Per Capita Output Falls by 2 Percent and Population
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If Per Capita Output Falls by 2 Percent and Population

Question 46

Question 46

Multiple Choice

If per capita output falls by 2 percent and population grows by 3 percent, output:


A) falls by 5 percent.
B) falls by 1 percent.
C) grows by 1 percent.
D) grows by 5 percent.

Correct Answer:

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