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Unit 6 part 1

Across
Refers to the improvement in labor created by education and knowledge of the workforce.
Because of improved education, the work force becomes more productive the price level ____.
Government can improve access to quality education.
The Federal Reserve uses a tight-money policy to increase interest rats the price level ____.
A mathematical formula that tells us how long it takes real GDP per capita, or any other variable that grows gradually over time to double
Real GDP divided by the population size.
Down
A good used to produce another good.
Because of improved education, the work force becomes more productive the real GDP ____.
Government can promote technological progress by having government agencies support and participate in R & D.
Government can create and maintain institutions that make snd enforce laws that promote stability.
Provide roads, power lines, ports, rail lines, and related systems to continue supporting economic activity.
The Federal Reserve uses a tight-money policy to increase interest rats the real GDP ____.
Probably the most important driver of productivity growth.