Which of the following would contribute to a sustained high rate of economic growth in the long run in an economy?
A) growth in capital per hour accompanied by technological change
B) increases in labour force participation rates as workers who are out of the labour force pursue rising wages
C) a shift of workers in the economy from the agricultural sector to the nonagricultural sector
D) an influx of immigrant labour into an economy without any accompanying technological change
E) an increase in the minimum wage to $15/hour
Correct Answer:
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