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Many Economists Believe That Technological Progress in the U

Question 87

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Many economists believe that technological progress in the U.S. would be accelerated if:


A) less money were spent in funding research and development in defense- related areas and more money were spent in other areas.
B) less money were spent in funding research and development of production technology and more money were spent in education.
C) the U.S. were to increase its capital stock.
D) the U.S. government were to become the most prominent funder of research and development projects.

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