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If the Stock of Physical Capital (That Is Machinery,equipment,etc

Question 217

Multiple Choice

If the stock of physical capital (that is machinery,equipment,etc. ) and human capital remain the same and the population increases,then


A) labor productivity will increase.
B) labor productivity will decrease.
C) the standard of living will increase.
D) the new labor will be more productive.
E) real GDP decreases.

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