In the neoclassical or Solow growth model, an increase in total factor productivity reflects an increase in:

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A. returns to scale.

B. output for given inputs.

C. the sustainable growth rate.

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Economics For Investment Decision Makers

ISBN: 9781118111963

1st Edition

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

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Question Posted: Mar 09, 2024 11:02 AM

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In the neoclassical or Solow growth model, an increase in total factor productivity reflects an increase in:

Question:

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Economics For Investment Decision Makers

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