37 Which of the following is not a determinant of the long-run level of real GDP? a The amount of capital used by firms b The price level c Available technology d Available stock of human capital
37 Which of the following is not a determinant of the long-run level of real GDP? a The amount of capital used by firms b The price level c Available technology d Available stock of human capital
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
Section: Chapter Questions
Problem 29CTQ: How is the concept of technology, as defined with the aggregate production function, different from...
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#37 Which of the following is not a determinant of the long-run level of real GDP ?
a
|
The amount of capital used by firms
|
b
|
The price level
|
c
|
Available technology
|
d
|
Available stock of human capital
|
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