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Suppose That an Economy's Labor Productivity and Total Worker-Hours Each

Question 33

Multiple Choice

Suppose that an economy's labor productivity and total worker-hours each grew by 3 percent between year 1 and year 2. We could conclude that this economy's


A) real GDP remained constant.
B) capital stock increased by 3 percent.
C) production possibilities curve shifted inward.
D) production possibilities curve shifted outward.

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