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Monday, February 20, 2017

2012 Macro Multiple Choice (PPC, LRAS, Productivity, Growth)

2012 Macro Multiple Choice 
(PPC, LRAS, Productivity, Growth)

Answer - (E)



Answer - (E)

(A) Physical Capital - capital formation would increase labor productivity
(B) Human Capital - smarter/more skilled humans would increase labor productivity
(C) Technology - would increase labor productivity
(D) Educational Achievement - smarter/more skilled humans would increase labor productivity
(E) Labor Force -  is the least likely to increase productivity

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