According to the classical model, which development does NOT contribute to economic growth?
A) labor productivity
B) more capital
C) technological change
D) higher interest rates
Correct Answer:
Verified
Q153: During the recent economic downturn, as incomes
Q154: A production function shows the
A) output that
Q155: The Index of Economic Freedom
A) measures the
Q156: Physical resources are not useful without ideas
Q157: Which institution is NOT an example of
Q159: The development of social media has contributed
Q160: According to the production function, which of
Q161: In which situation is a country LEAST
Q162: If a country's population increases at a
Q163: When Main Street Bank buys new automatic
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