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    Macroeconomics Study Set 34
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    Exam 12: Technological Progress and Growth
  5. Question
    High Growth in the Rich Countries from 1950 to 2009
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High Growth in the Rich Countries from 1950 to 2009

Question 3

Question 3

Multiple Choice

High growth in the rich countries from 1950 to 2009 was most likely due to


A) a high savings rate.
B) high capital accumulation.
C) technological progress.
D) high consumption rates.
E) monetary policy.

Correct Answer:

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