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ice5192 ice5192
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6 years ago
In the Solow growth model
A) higher total factor productivity implies no improvement in long-run standards of living.
B) higher total factor productivity spurs population growth.
C) higher population growth implies a lower standard of living.
D) higher total factor productivity reduces population growth.
E) the total population is constant.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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6 years ago
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