How do each of the following relate to the rates of productivity and growth in an economy?
Question:
How do each of the following relate to the rates of productivity and growth in an economy?
a. Spending on research and development
b. Government regulation
c. Changes in human capital
d. Output per worker hour
e. Embodied technical change
f. Disembodied technical change
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a Spending on research and development tends to increase productivity and economic growth b Increase...View the full answer
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Related Book For 
Principles of Macroeconomics
ISBN: 978-0134078809
12th edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
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