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Card 27 / 145: Which of the following would shift the Solow growth curve to the right?
A)
a severe drought that decreases crop production and as a result raises prices
B)
a decrease in the rate of inflation
C)
the invention of a new computer chip that makes assembly production twice as fast
D)
an increase in the growth rate of spending
Answer:
C) the invention of a new computer chip that makes assembly production twice as fast
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