Answered: Under the classical dichotomy, which of…

Under the classical dichotomy, which of the following does not determine real GDP in the long run? The investment rate The aggregate price level TFP New ideas

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter22: Aggregate Demand And Aggregate Supply

Section: Chapter Questions

Problem 16P

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Under the classical dichotomy, which of the following does not determine real GDP in the long run?
The investment rate
The aggregate price level
TFP
New ideas.

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