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If There Was an Increase in Technology Other Things Equal

question 114

Multiple Choice

If there was an increase in technology other things equal, real GDP growth would ____ and real GDP growth per capita would ____.


Definitions:

Labour Availability

The quantity and quality of available workforce within a specific market or region.

Organizational Strategy

A long-term action plan designed by an organization to achieve its objectives and fulfill its mission, considering internal and external environments.

Employment Categories

Classification of jobs based on criteria such as duration, nature of the job, and employee status.

Numerical Estimate

A quantitative assessment or projection made based on available data and mathematical calculations.

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