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    Macroeconomics Study Set 26
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    Exam 20: Parting Thoughts
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    Standards of Living in the Long Run Have Been Improved
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Standards of Living in the Long Run Have Been Improved

Question 2

Question 2

Multiple Choice

Standards of living in the long run have been improved by:


A) investment in physical capital.
B) investment in human capital.
C) higher inflation.
D) lower nominal interest rates.
E) a and b

Correct Answer:

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