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4. How do each of the following relate to the rates of productivity and growth in an economy? (12 marks, 2 marks each) a. Spending

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4. How do each of the following relate to the rates of productivity and growth in an economy? (12 marks, 2 marks each) a. Spending on research and development b. Government regulation c. Changes in human capital d. Output per worker hour e. Embodied technical change f. Disembodied technical change

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