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Suppose That We Interpret N as the "Effective" Labor Supply

Question 67

Multiple Choice

Suppose that we interpret N as the "effective" labor supply.A "labor-augmenting" technological improvement,when graphed in the Solow growth model,causes (Y/N) to ________ and real GDP per person to ________.


A) rise,rise
B) rise,fall
C) fall,rise
D) fall,fall
E) fall,remain unchanged

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