In the neoclassical theory of growth, growth in ________ is the result of luck.

Name: In the neoclassical theory of growth, growth in ________ is the result of luck.
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In the neoclassical theory of growth, growth in technology is often considered exogenous and not determined by economic factors within the model. It is sometimes humorously referred to as resulting from "luck" because it is not explained by the model's other variables.

In the Neoclassical Theory of Growth, Growth in ________ Is