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    Exam 24: Economic Growth: Theory and Policy
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    For Given Inputs of Labor and Capital, If Technology Is
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For Given Inputs of Labor and Capital, If Technology Is

Question 20

Question 20

Multiple Choice

For given inputs of labor and capital, if technology is more primitive, labor productivity will be


A) higher.
B) lower.
C) unchanged.
D) characterized by increasing returns to scale.

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