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PPF - Growth Analysis
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Problem 5
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Problem 10
PPF - Growth Analysis
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13. Productivity and Economic Growth / PPF - Growth Analysis / Problem 5
Problem 5
In what way do efficiency factors contribute to reaching an economy's new potential output?
A
By limiting technological advancements.
B
By increasing the quantity of available resources.
C
By ensuring resources are used in the most cost-effective and desired manner.
D
By reducing consumer demand for goods.
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