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Based on Historical Economic Growth, Economists Have Noted That the Estimated

Question 303

Multiple Choice

Based on historical economic growth, economists have noted that the estimated aggregate production function:


A) exhibits constant returns to physical capital.
B) shows that when holding the amount of human capital and the state of technology fixed, successive increases in the amount of physical capital per worker lead to smaller increases in productivity.
C) depends primarily on physical capital and technology advances.
D) shows the negative relationship between physical capital and productivity.

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