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In a given time period, gross investment exceeds depreciation and there is no change in the labor force or in employment. Which of the following should happen in the near future?

A

There will be a reduced capital stock, unchanged long-run aggregate supply curve, and reduced rate of unemployment.

B

The will be economic growth, reduced rate of unemployment, and a reduction in the marginal product of labor.

C

There will be an increase in the capital stock, an increase in the long-run aggregate supply curve (economic growth), and an increase in the marginal product of labor.

D

There will be no change in the capital stock, no change in the long-run aggregate supply curve, and an increase in the marginal product of labor.

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