A Small Change in the Rate of Productivity Growth Will

question 127

Multiple Choice

A small change in the rate of productivity growth will have:

• A)a small impact on output in both the short run and the long run.
• B)a large impact on output in both the short run and the long run.
• C)a small impact on output in the short run but a large impact in the long run.
• D)a large impact on output in the short run but a small impact in the long run.
• E)no effect on output at all.

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