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Question
- to achieve long - run economic growth, an economy must: reduce the workforce by lowering the retirement age. increase the number of government - mandated holidays. decrease investments in infrastructure. expand its capacity to produce.
Brief Explanations
Long - run economic growth is achieved by increasing an economy's productive capacity. Reducing the workforce, increasing holidays, or decreasing infrastructure investment are counter - productive. Expanding production capacity can lead to more goods and services being produced over time, which is key to long - run growth.
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expand its capacity to produce.