In addition to saving and investment in capital, making an even larger contribution to long-term economic growth in real GDP per person
A) are technological advances.
B) is lower current consumption.
C) is higher current consumption.
D) is a larger work force.
Correct Answer:
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Q195: Human capital is
A) the saving done by
Q196: Labor productivity increases with
A) increases in consumption
Q197: If the quantity of capital per worker
Q198: An increase in education and training
A) increases
Q199: Human capital is the
A) machinery used by
Q201: Classical growth theory asserts that
A) growth in
Q202: Which of the following is associated with
Q203: Classical growth theory states that
A) growth is
Q204: What best explains why real GDP per
Q205: Neoclassical growth theory predicts that
A) population growth
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