More technically advanced capital makes its contribution to productivity by:
A) Replacing labor and increasing unemployment.
B) Enhancing labor productivity.
C) Increasing profits for producers.
D) Increasing nominal GDP.
Correct Answer:
Verified
Q70: Additional capital contributes to economic growth by:
A)
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Q72: Productivity is definitely enhanced by:
A) Higher taxes.
B)
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A)
Q74: Which of the following will reduce labor
Q76: Which of the following is not likely
Q77: Increases in productivity in the United States
Q78: Which of the following policies does not
Q79: Government policies that shift aggregate supply to
Q80: Which of the following policies does not
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