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Research suggest that the relatively higher rate of growth of output per capita in rich countries between 1985 and 2009 was the result of which of the following?

a. An increase in the rate of population growth.

b. An increase in the rate of technological progress.

c. A decrease in the saving rate.

d. An increase in capital per effective labour.

e. An increase in the saving rate.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91917511

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