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Business, 19.10.2019 02:30 masogreene123

Which best describes the growth process from its ultimate to its immediate causes?
factors of production → institutions → incentives → real gdp per capita
factors of production → incentives → institutions → real gdp per capita
institutions → incentives → factors of production → real gdp per capita
incentives → institutions → factors of production → real gdp per capita

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Which best describes the growth process from its ultimate to its immediate causes?
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