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A Major Effect of the Rise in the Rate of Productivity

Question 203

Multiple Choice

A major effect of the rise in the rate of productivity growth in the United States is a(n)


A) rise in the rate of inflation.
B) rise in the growth of living standards.
C) increase in the relative prices of U.S. goods in foreign markets.
D) increase in the competitiveness of U.S. goods in foreign markets.

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