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Technological Improvements Have Larger Effects on Output

Question 15

Multiple Choice

Technological improvements have larger effects on output


A) when the capital stock is small than when it is large
B) when the capital stock is large than when it is small
C) when the marginal product of capital is rising than when it is falling
D) when the marginal product of capital is falling than when it is rising
E) when the capital stock is privately owned than when it is publicly owned

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