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Write an essay (500 to 1000 words) that includes the following: 1) Define economic growth in the context of the U.S. economy. 2) Identify and
Write an essay (500 to 1000 words) that includes the following:
1) Define economic growth in the context of the U.S. economy.
2) Identify and explain components of economic growth in the context of aggregate production functions. Also, explain how total factor productivity relates to long-term economic growth in the context of a production function. Discuss the role of robotics in productivity.
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