An assumption of the neoclassical theory of growth is that
A) people receive only subsistence real GDP per person.
B) all technological advances are the result of chance.
C) the marginal product of all types of capital increases as more capital is accumulated.
D) knowledge has diminishing returns.
Correct Answer:
Verified
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A)
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A) providing international aid
Q275: Which of the following statements is CORRECT?
I.
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