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The role of technological progress in determining economic growth can be described by which statement? ANSWER Unselected Per capita output will rise when we discover
The role of technological progress in determining economic growth can be described by which statement? ANSWER Unselected Per capita output will rise when we discover new and more effective uses of capital and labor. Unselected Technological progress will be beneficial only if the population also grows. Unselected Technological progress does not cause real GDP to rise, rather it shifts what goods the economy makes
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