jadanervin13 jadanervin13

10-02-2020
Business

contestada

is the increase in efficiency gained by producing more output without using more inputs.
Real GDP per capita
Technological progress
Saving
Capital deepening

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marianocarmona99 marianocarmona99

10-02-2020

Answer:

Technological progress

Explanation:

An improvement in technology shifts the production capability of an economy (also called Production Possibility Curve or PPC). In other words, the economy would be able to produce more output using the same amount of imput factors.

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