Multiple Choice
With the presence of technological progress, for this economy, we know that the level of output per worker will:
A) increase over time.
B) increase or decrease, depending on the rate of saving.
C) decrease as a result of decreasing returns to scale.
D) increase or decrease, depending on the rate of depreciation.
E) remain constant.
Correct Answer:

Verified
Correct Answer:
Verified
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