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As a Measure for Total Factor Productivity, We Can Use

question 119

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As a measure for total factor productivity, we can use the quantity of ________ in an economy.


Definitions:

Prohibited

Forbidden by law, rule, or other authority.

Court

A governmental institution authorized to resolve legal disputes, make judgments, and enforce law.

Incidental Beneficiary

A third party who benefits from a contract between two other parties, without being specifically intended to benefit by those parties.

Intended Beneficiary

A person or entity for whom a contract is specifically made to benefit, having the legal right to enforce the contract if not fulfilled.

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