An assumption of neoclassical growth theory is that
A) technological change is random.
B) technological change can be influenced by savings.
C) more growth encourages more technological change.
D) None of the above answers is correct.
Correct Answer:
Verified
Q224: Neoclassical growth theory proposes that
A) technological progress
Q225: According to the new growth theory, competition
A)
Q226: Within neoclassical growth theory, technological change _
Q227: According to neoclassical growth theory, the higher
Q228: A recent article states that "...gains from
Q230: Neoclassical growth theory
A) predicts that growth rates
Q231: Neoclassical growth theory attributes economic growth to
A)
Q232: A problem with the neoclassical growth theory
Q233: The notion that technological change is not
Q234: Which of the following ideas apply to
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