Long-Term Growth in Production Can Be Explained By

question 25

Multiple Choice

Long-term growth in production can be explained by:

• A)an improvement in the quality of resources available.
• B)a gradual but consistent rise in the price level.
• C)a rapid and accelerating increase in the price level.
• D)a trade surplus that leads to the accumulation of gold.
• E)the peaks and troughs of economic fluctuations.

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