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With the Presence of Technological Progress, for This Economy, We

Question 37

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.

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