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The Neoclassical Theory of Economic Growth Led Economics to Be

Question 78

Multiple Choice

The Neoclassical theory of economic growth led economics to be referred to as the "dismal science". The explanation for this reference lies in the theory's emphasis on


A) increasing government intervention in the economy.
B) diminishing returns in production.
C) the immoral behaviour of firms.
D) increasing damage to the environment.
E) growing inequality of income.

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