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nata0808 [166]
3 years ago
9

A small change in the rate of productivity growth will have a large impact on output in the short run but a small impact in the

long run
a. True
b. False
Business
1 answer:
Anna35 [415]3 years ago
4 0
<span>False A change in productivity growth is similar to compounded interest. A small change has a small effect in the short run because it is a small change. However as time goes on the effect accumulates and the difference "compounds" upon itself.</span>
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