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  • https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Macroeconomics_3e_(OpenStax)/07%3A_Economic_Growth/7.04%3A_Components_of_Economic_Growth
    Physical capital can affect productivity in two ways: (1) an increase in the quantity of physical capital (for example, more computers of the same quality); and (2) an increase in the quality of physi...Physical capital can affect productivity in two ways: (1) an increase in the quantity of physical capital (for example, more computers of the same quality); and (2) an increase in the quality of physical capital (same number of computers but the computers are faster, and so on).
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/20%3A_Economic_Growth/20.4%3A_Long-Run_Growth
    Long-run growth is defined as the sustained rise in the quantity of goods and services that an economy produces.

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