lectur7-page27

lectur7-page27 - i.e Prospect of higher wages motivates...

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27 27 Provide for Maintenance and Growth of the System a.In a free enterprise economy, the price mechanism to a large extent determines the rate of economic growth.
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Unformatted text preview: i.e. Prospect of higher wages motivates labor to acquire more skills. This is why you are probably here....
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