According to new growth theory, technological change is driven by
A) foreign firms' attempts to increase their sales in the domestic market.
B) government policies.
C) firms' attempts to increase their profits.
D) random chance.
Correct Answer:
Verified
Q76: Which of the following statements is correct?
A)I
Q77: The quantity of labour supplied depends on
Q78: Which of the following statements about Australia's
Q79: Classical growth theory proposes that real GDP
Q80: If the quantity of capital per worker
Q82: If the saving rate increases, a country's
Q83: When labour productivity increases, the demand for
Q84: Suppose a nation's population grows by 2
Q85: A higher savings rate that leads to
Q86: Because of the choices people make in
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