The notion that technological change is not random but instead is driven by the pursuit of profits is an essential element of
A) the perpetual growth theory.
B) the neoclassical growth theory.
C) the new growth theory.
D) the classical growth theory.
Correct Answer:
Verified
Q16: Which of the following is associated with
Q17: New growth theory economists believe that
A)I only
B)II
Q18: People base their labour supply on the
Q19: In the labour market, an increase in
Q20: Suppose that in 2009 a country has
Q22: The BEST definition for economic growth is
A)a
Q23: If the quantity of labour and quantity
Q24: Greater labour force participation by households at
Q25: Of the following Asian countries, which has
Q330: A central proposition of the new growth
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