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An event that allows the economy to operate more efficiently by producing more outputs without using any more inputs is referred to as

All of the following can cause technological progress EXCEPT
It is possible for an economy to become more productive and per-capita output to increase if

Knowledge and skills are part of ________ in an economy

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Economic growth is severely impeded in economies

Monopoly profits lead to technological process by

What is the only thing that makes an economy grow in the long run?

Economists suggest that trade’s main advantage is allowing the world to achieve

Among the institutional structures that promote economic growth, most economists would include

If an economy’s production possibilities curve has shifted out, we can unambiguously conclude that:

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