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Nobel memorial prize in economics to be awarded in Stockholm

STOCKHOLM (AP) — The Nobel memorial prize in economics, the final award in this year's cycle, will be announced Monday by the Royal Swedish Academy of Sciences in Stockholm. Last year, three researchers who study business innovation won for explaining how new products and inventions promote economic growth and human welfare, even as they leave older companies in the dust. The economics prize is formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. The it...

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