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Measurements of TFP Indicate That the East Asian Success Story

Question 3

Multiple Choice

Measurements of TFP indicate that the East Asian success story is based on


A) a significantly different economic model from the one followed in the West.
B) unusually large amounts of innovation.
C) rapid increases in the education of the work force.
D) high amounts of savings and investment.
E) large current account surpluses.

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