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    Question

    When the share of output going to capital is 0.25, the

    share going to labor is 0.75, output increases 4%, labor increases 1%, and capital increases 2%, the increase in productivity is _________
    A 0.75% Correct Answer Incorrect Answer
    B 1% Correct Answer Incorrect Answer
    C 1.25% Correct Answer Incorrect Answer
    D 2.75% Correct Answer Incorrect Answer

    Solution

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