2. An economy grows if it expands its production possibilitiesif it develops better technologies; improves the quality

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2. An economy grows if it expands its production possibilities—if it develops better technologies; improves the quality of labor by education, on-the-job training, and work experience; and acquires more capital to use in production.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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Question Posted: Nov 08, 2024 07:00 AM

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2. An economy grows if it expands its production possibilitiesif it develops better technologies; improves the quality

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Foundations Of Microeconomics

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