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Which of the Following Is a Central Assumption of the Neoclassical

Question 62

Multiple Choice

Which of the following is a central assumption of the Neoclassical growth model?


A) Long-run growth arises from correcting market failures.
B) Long-run growth arises only from technological innovation.
C) There are diminishing marginal returns to a single factor.
D) There are constant marginal returns to investment.
E) There are increasing marginal returns to capital investment.

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