Multiple Choice
Which of these would be an example of a situation associated with short-run economic growth?
A) Firms purchase 5,000 additional conveyor belts to use in factories.
B) A country reports that employment rises by 200,000 workers, reducing the unemployment rate.
C) The average education level in a country rises from 10 years to 11 years of schooling.
D) A new hybrid variety of a crop is produced that has a yield 20% higher than before.
Correct Answer:
Verified
Correct Answer:
Verified
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