The neoclassical growth theory says, in part, that
A) a population explosion driven by economic growth will end economic growth.
B) the differences in nationʹs growth rates will persist indefinitely.
C) technology does not play a role in economic growth.
D) technological change leads to economic growth.
Correct Answer:
Verified
Q198: On-the-job-training is an example of
A) technological change.
B)
Q199: The more education that workers have, the
Q200: If the level of technology rises, real
Q201: Which of the following ideas apply to
Q202: Classical growth theory states that
A) advances in
Q204: Classical growth theory argues that when real
Q205: Which of the following is consistent with
Q206: Which of the following predicts that there
Q207: Which of the following ideas are included
Q208: Neoclassical growth theory predicts that
A) population growth
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