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Because of Diminishing Returns, an Economy Can Continue to Increase

question 29

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Because of diminishing returns, an economy can continue to increase real GDP per hour worked only if


Definitions:

Phonemically

Pertaining to phonemes, which are the smallest units of sound in a language that distinguish one word from another.

Semantically

Pertaining to meaning in language or logic, especially the relationship between signifiers and what they represent.

Retroactively

Applying or referring to a previous event or circumstance.

Structurally

Pertaining to the arrangement or organization of parts that form an object, system, or concept.

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