According to Edward Denison,during the 1929 and 1982 period,capital formation
A) was responsible for 25 percent of U.S.economic growth.
B) amounted to 19 percent of U.S.economic growth.
C) was considered the smallest source of U.S.economic growth.
D) was the most important source of U.S.economic growth.
Correct Answer:
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Q25: In a steady-state,sustained increases in the capital-to-labor
Q26: According to Edward Denison,the United States has
Q27: In the neoclassical growth model,if two countries
Q28: Economies of scale refer to
A)costs rising as
Q29: In the neoclassical growth model without technological
Q31: International data suggests that
A)convergence is not taking
Q32: Which of the following policies are likely
Q33: A constant returns to scale production function
Q34: According to the neoclassical growth model,economic growth
Q35: In the neoclassical growth model,break-even investment must
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