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GDP Rises Can Rise in an Expansion Due To

Question 41

Multiple Choice

GDP rises can rise in an expansion due to:


A) an increase in technology, A, directly increasing GDP.
B) an increase in technology, A, causing an increase in labour, L and GDP.
C) an increase in technology, A, causing an increase in the capital utilization rate, the quantity of capital services and GDP.
D) all of the above.

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