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When total factor productivity increases, this implies that Select one: a.The economy can produce the same amount of output with a greater quantity of physical
When total factor productivity increases, this implies that
Select one:
a.The economy can produce the same amount of output with a greater quantity of physical capital, human capital and labour
b.Each factor's productivity increases by the same amount.
c.The economy can produce the greater amount of output with a greater quantity of physical capital, human capital and labour
d.The economy can produce the same amount of output with a smaller quantity of physical capital, human capital and labour
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