Which of the following statements is CORRECT?
I. Higher savings rates can stimulate economic growth.
II. Limiting international trade can stimulate economic growth.
A) neither I nor II
B) II only
C) I only
D) both I and II
Correct Answer:
Verified
Q240: Neoclassical growth theory proposes that
A) discoveries result
Q241: New growth theory economists believe that:
I. Economic
Q242: According to the new growth theory
A) knowledge
Q243: According to new growth theory_ .
A) knowledge
Q244: Ongoing economic growth in real GDP per
Q246: New growth theory proposes that real GDP
Q247: Which of the following has NOT been
Q248: Which growth theory predicts perpetual growth?
A) classical
Q249: An important foundation of the new growth
Q250: Savings is an important factor influencing economic
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