For This Question Assume That Technological Progress Does Not Occur

question 70

Multiple Choice

For this question assume that technological progress does not occur.The rate of saving in Canada has generally been greater than the saving rate in the U.S.Given this information,we know that in the long run

• A)Canada's growth rate will be greater than the U.S. growth rate.
• B)investment per worker in Canada will be no different than U.S. investment per worker.
• C)capital per worker in Canada will be no different than U.S. capital per worker.
• D)all of the above
• E) none of the above

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Definitions:

Trial

An examination or test of the value or nature of a product or concept, especially before a wider implementation or release.

First Purchase

The initial buying action taken by a consumer with a brand or product, marking the beginning of the customer's engagement with that brand.

Brand Name

The name given to a product or service from a specific source used to distinguish it from others.

Important Attributes

Key features or characteristics of a product or service that are significant to consumers and can influence their purchasing decision.