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1. The use of knowledge to improve productivity and enhance economic growth is known as accumulation of physical capital. All of the above innovation. invention.

1. The use of knowledge to improve productivity and enhance economic growth is known as accumulation of physical capital. All of the above innovation. invention. 2. Among the sources of increase of productivity are advances in managerial knowledge. All of the above government regulations. taxations. 3. Which of the following policies should the government NOT adopt if its goal is to enhance economic growth? Enact policies to increase the saving rate. Impose more regulation on producers. Improve the quality of education. Enact policies to encourage research and development. 4. Government involvement in the allocation of capital across manufacturing sectors is balanced growth policy. supply management. regulatory policy. industrial policy

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