A superior level of technology is an important reason the productivity of workers in rich countries is high.
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Q12: As the level of real interest rates
Q13: The production function shifts upward as the
Q14: Capital investment becomes more profitable for a
Q15: Expansion of factories, investment in new computers
Q16: Human capital includes the tools and equipment
Q18: According to the convergence hypothesis, as a
Q19: Improvements in the level of technology will
Q20: Some politicians argue that reducing the corporate
Q21: The adoption of widespread use of computers
Q22: Improvements in human capital and education played
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