The rate of economic growth is determined by
A) the rate of growth of the labor force.
B) the rate of growth of the capital stock.
C) the rates of growth of capital and labor productivity.
D) All of the above.
Correct Answer:
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Q33: The ideal way to measure economic growth
Q34: Q35: Q36: Suppose two countries have identical growth rates Q37: Economic growth occurs when Q39: An improvement in labor productivity refers to Q40: Economic growth reflects an increase in _ Q41: Economic growth reflects an _ in the Q42: The speed at which the production possibilities Q43: Small changes in the rate of economic![]()
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A) there is an
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