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All of the following will increase the economy's potential output EXCEPT:
a. an increase in physical capital
b. a decrease in the aggregate price level
c. an increase in human capital through education
d. technological innovation
All of the following will increase the economy's potential output EXCEPT:
a. an increase in physical capital
b. a decrease in the aggregate price level
c. an increase in human capital through education
d. technological innovation
Mahe AlamLv10
6 Sep 2020
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Which is a demand factor in economic growth?
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More human and natural resources. |
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Technological progress and innovation. |
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An increase in the economy's stock of capital goods. |
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An increase in total spending in the economy. |
