Which theory of economic growth concludes that technological advances are influenced by the profit motive?
A) classical growth theory
B) new growth theory
C) neogrowth theory
D) neoclassical growth theory
E) none of the theories
Correct Answer:
Verified
Q80: An increase in education and training
A)decreases real
Q81: Growth eventually stops in neoclassical growth theory
Q82: An assumption of the neoclassical growth theory
Q83: Knowledge capital is different from physical capital
Q84: Choose the statements concerning neoclassical growth theory
Q86: All of the following statements are included
Q87: In neoclassical growth theory, if the rate
Q88: Which of the following does not contribute
Q89: Which of the following ideas apply to
Q90: According to Thomas Robert Malthus,
A)increases in real
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