Which theory emphasises the significance of new discoveries that can be used by many people at the same time?
A) Neoclassical growth theory
B) Classical growth theory
C) New growth theory
D) None of the above answers are correct.
Correct Answer:
Verified
Q2: According to the new growth theory, competition
A)reduces
Q3: All of the following lead to more
Q4: Real GDP grows when
A)Only I
B)Only II
C)Both I
Q5: If the real wage rate is such
Q6: A problem with the neoclassical growth theory
Q8: If real GDP is $800 million and
Q9: We are interested in long- term growth
Q10: The gaps between the Australia and the
Q12: Which of the following has NOT been
Q243: According to new growth theory_ .
A) knowledge
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