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According to the Neoclassical growth model,which of the following scenarios (other things being equal) explains progressively smaller increases in per capita GDP?
Variation
The occurrence of differences among individuals within a population, due to genetic differences or environmental factors.
Participants
Individuals who take part in a research study or experiment, providing data for analysis.
Standard Deviation
A statistical measure of the dispersion or variability within a data set, indicating how spread out the numbers are from the mean.
Statistically Significant
This term implies that the likelihood of the results happening by random chance is very low, underlining the importance of the findings.
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