Solved

Classical Growth Theory States That

Question 51

Multiple Choice

Classical growth theory states that


A) growth in real GDP per person is difficult in the beginning but easier in later stages.
B) advances in technology will always ensure a permanent increase in real GDP per person.
C) growth is maximised when everyone is fully employed.
D) growth is followed by increases in the population, eventually leaving real GDP per person unchanged.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents