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When Technological Advances Are of the Capital-Using Kind, It Is

question 259

True/False

When technological advances are of the capital-using kind, it is possible for an economy to increase
its productivity without any net investment in capital goods.


Definitions:

Resell

The act of selling something that one has previously purchased, either as a business practice or to transfer ownership.

In Transit

The status of goods or people being transported from one place to another; during the journey.

Carrier

A company or individual responsible for the transportation of goods or people.

Substantially Conforming

A term that refers to goods, services, or performance that meets contract specifications closely enough to fulfill the agreement's requirements.

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