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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 513 |
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Economic growth is indicated by the increase in quantity of the resources like labor, capital and technological improvements used to produce goods. This happens over a period of time when economic growth increases the amount that shirts and maize can potentially be produced.
Neutral Technological Change
Maize Output
C
A
B D
Shirts Output
Biased Technological Growth
Maize Output
C
A
B
Shirts Output
Essay fragment
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This happens over a period of time when economic growth increases the amount that shirts and maize can potentially be produced.
Neutral Technological Change
Maize Output
C
A
B D
Shirts Output
Biased Technological Growth
Maize Output
C
A
B
Shirts Output
Essay fragment
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