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In the Romer model.as more labor is devoted to research and development ________.
Cash
A form of currency that includes coins and paper notes, used as a medium of exchange for goods and services.
Fixed Asset Turnover
A financial ratio that measures a company's efficiency in using its fixed assets to generate sales.
Generating Sales
The process of creating revenue for a company through selling goods or services.
Fixed Assets
Durable, physical assets utilized in running a business, which are not foreseen to be cashed in or used up in the near term.
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