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The Price of a 3-Pound Chicken Has Fallen About 20

Question 102

Multiple Choice

The price of a 3-pound chicken has fallen about 20 percent per decade over the past 70 years.This is an example of the ________.


A) linear effect of technological change
B) exponential effect of technological change
C) linear effect of physical capital accumulation
D) exponential effect of physical capital accumulation

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