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Technological progress occurs when the economy gets more output A. without any more capital or labor. B. by using more capital per worker. C. by using more capital but not more workers. D.
by using more labor but not more capital.
Technological progress occurs when the economy gets more output: A. without any more capital or labor.
Expert answered|andrewpallarca|Points 20342|
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Asked 3/21/2013 11:56:53 AM
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Nations that borrow from abroad to support current consumption A. will always be better off in the future. B. will always sacrifice future consumption. C. may sacrifice future consumption. D. will always sacrifice current consumption.
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