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Which of These Partly Accounts for the Long-Term Growth in Production

Question 23

Multiple Choice

Which of these partly accounts for the long-term growth in production in the U.S.economy?


A) An increase in government spending
B) An increase in the availability of resources
C) A reduction in federal taxes
D) A gradual but consistent increase in the price level
E) A general optimism about the future and the pioneering spirit of America

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