Multiple Choice
A small change in the rate of productivity growth will have:
A) a small impact on output in both the short run and the long run.
B) a large impact on output in both the short run and the long run.
C) a small impact on output in the short run but a large impact in the long run.
D) a large impact on output in the short run but a small impact in the long run.
E) no effect on output at all.
Correct Answer:

Verified
Correct Answer:
Verified
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