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The Difference Between Total Factor Productivity (TFP) and the Stock

Question 83

Multiple Choice

The difference between total factor productivity (TFP) and the stock of ideas is that:


A) TFP grows and ideas are fixed
B) TFP is fixed and ideas can grow
C) TFP is nonrivalrous and ideas are not
D) TFP is rivalrous and ideas are not
E) There is no difference.

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