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In Neoclassical Growth Theory, Technological Progress Is the Key to Continuous

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In neoclassical growth theory, technological progress is the key to continuous growth in labor productivity.


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Vendor

A person or company offering something for sale, especially a trader in the goods or services sector.

Purchaser

An individual or entity that buys goods or services.

Prorated Refund

A return of a portion of a payment, calculated based on the proportion of a service or good that was not used or was unusable.

Weekly Issues

Publications or problems that arise on a weekly basis, often used in the context of magazines or continuous challenges.

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