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If more workers have more capital to work with, then production will increase.(is it true or false?) Productivity is output per worker hour.(is it true
If more workers have more capital to work with, then production will increase.(is it true or false?)
Productivity is output per worker hour.(is it true or false?)
The only source of economic growth is technological advancement.( is it true or false?)
Per capita output is a measure of economic welfare of a country.(is it true or false?)
GDP measures the total income of everyone and the total spending by everyone in the economy.(is it true or false?)
Explain for each statement whether it is true or false.
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