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A Permanent Increase in the Long-Run Growth Rate Would Be A=cNAA A=c N_{A} A

Question 27

Multiple Choice

A permanent increase in the long-run growth rate would be possible if the economy's production function took the form of


A) A=cNAA A=c N_{A} A
B) ΔA \Delta A = c NA A\sqrt{A}
C) ΔA=cANA \Delta A=c A \sqrt{N_{A}}
D) either a, b, or c as long as property rights are protected.
E) neither a, b, nor c, permanent increases are not possible.

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