In the situation described in Problem 9-2, suppose that educational improvements during the past year enable the

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In the situation described in Problem 9-2, suppose that educational improvements during the past year enable the people of this nation to repair all capital goods so that they continue to function as well as new. All other factors are unchanged, however. In light of this single change to the conditions faced in this nation, will the nation's economic growth rate for the current year be negative, zero, or positive?
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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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