Which theory of economic growth concludes that in the long run real GDP per person will be at its subsistence level?
A) the neoclassical theory
B) the new theory
C) the classical theory
D) all of the theories
Correct Answer:
Verified
Q260: One policy that would increase the saving
Q261: To achieve faster growth, one possibility is
Q262: An assumption of the neoclassical theory of
Q263: A factor that turned out to be
Q264: The relationship between education and economic growth
Q266: Several factors are important for achieving faster
Q267: Which theory of economic growth concludes that
Q268: All of the following lead to more
Q269: According to empirical evidence,
A) providing international aid
Q270: Activities that encourage faster growth are
A) investment
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