A key assumption of new growth theory is that
A) higher incomes lead to a higher birth rate.
B) the population growth rate is lower than the real interest rate.
C) all technological change is the result of luck.
D) a successful innovator has the opportunity to earn a temporary, above -average profit.
Correct Answer:
Verified
Q275: Which of the following policies improves prospects
Q276: All of the following would stimulate economic
Q277: Which of the following will NOT work
Q278: The table below shows data for
Q279: Economic growth tends to be higher in
Q282: ʺWhy India Cannot Sustain High Economic Growthʺ,
Q283: Strategy to Address Dependence on Foreign Workers,
Q284: Cuba spends the highest percentage of GDP
Q285: ʺPremier Liu Chao-shiuan announced Tuesday a government
Q317: Explain how the labor market and the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents