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Generally Speaking Technological Progress Leads to Higher Output

Question 23

Multiple Choice

Generally speaking technological progress leads to higher output


A) purely because it raises the productivity of capital
B) purely because it raises the steady-state capital stock
C) because it raises both the productivity of capital and the steady state capital stock
D) purely because it increase the capital stock for a given production function
E) purely because it raises the output produced by a given capital stock

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