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In Analyzing Macroeconomic Data During the Past Year,you Have Discovered

Question 36

Multiple Choice

In analyzing macroeconomic data during the past year,you have discovered that average labor productivity fell,but total output increased.What was most likely to have caused this?


A) There is nothing unusual in this outcome because this is what normally occurs.
B) The capital-output ratio probably rose.
C) There was an increase in labor input.
D) Unemployment probably increased.

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