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    Macroeconomics Study Set 67
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    Exam 11: A Real Intertemporal Model With Investment
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    An Increase in Total Factor Productivity Causes
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An Increase in Total Factor Productivity Causes

Question 55

Question 55

Multiple Choice

An increase in total factor productivity causes


A) real interest rates to rise.
B) the production function to shift up.
C) the output supply curve to shift left.
D) real wages to rise.
E) labour supply to fall.

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