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    Modern Principles of Economics Study Set 2
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    Exam 26: Gdp and the Measurement of Progress
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    According to the Solow Model, Output Is a Function of the Quantity
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According to the Solow Model, Output Is a Function of the Quantity

Question 15

Question 15

Multiple Choice

According to the Solow model, output is a function of the quantity of


A) labor.
B) capital.
C) ideas.
D) Labor, capital, and ideas all contribute to the production of output.

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