The most important policy implication of the Classical growth model is that:
A) policies to slow population growth will accelerate economic growth.
B) policies to stimulate technological development will stimulate economic growth.
C) policies to stimulate saving and investment will stimulate economic growth.
D) budget deficits will stimulate economic growth.
Correct Answer:
Verified
Q94: According to the Classical growth model, an
Q95: According to the Classical growth model, population
Q96: According to long-run growth models, which of
Q97: Classical growth economists who applied the law
Q98: Classical economists predicted that population growth would
Q100: According to Malthus, a fixed quantity of
Q101: What is the Classical growth model? How
Q102: Technological lock-in:
A)occurs when standardization on a technology
Q103: Economists once viewed capital accumulation as the
Q104: Patents:
A)eliminate the positive externalities associated with new
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