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The New Growth Theory Was Developed By--------------------and Proposes That

Question 127

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The new growth theory was developed by--------------------and proposes that --------------------


A) Ben Bernanke; changes in the money supply drive economic growth
B) Robert Solow; increases in technology growth are responsible for economic growth
C) Adam Smith; markets will determine the appropriate economic growth rate
D) Paul Romer; the desire for profits drives increases in real GDP per person
E) Thomas Malthus; increases in population drive wages to their subsistence level

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