High School

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Which of the following is not a determinant of long-run real GDP per capita?

A. The money supply
B. Physical capital per worker
C. Human capital per worker
D. Technology

Answer :

Final answer:

The money supply is not a determinant of long-run real GDP per capita.

Explanation:

The correct answer is a. the money supply. The money supply does not directly affect long-run real GDP per capita. Factors such as physical capital per worker, human capital per worker, and technology are the primary determinants of long-run economic growth and higher wages. The money supply may impact short-term fluctuations in output and prices, but it does not have a significant long-term effect on GDP per capita.

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