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liubo4ka [24]
2 years ago
13

If subsidies for research and development on new technologies lead to an increase in the average productivity of labor, what wil

l most likely happen to real GDP per capita and long-run aggregate supply LRAS for a given population size
Business
1 answer:
marin [14]2 years ago
8 0

Real GDP per capita and LRAS will increase if there is an increase in the average productivity of labor.

<h3>What is GDP?</h3>

This is referred to as Gross domestic product and it is defined as the monetary measure of the market value of all the final goods and services produced in a specific time period by countries.

Whje  productivity increases, it leads to a corresponding increase in Real GDP per capita and LRAS will increase.

Read more about GDP here brainly.com/question/1383956

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