The classical model assumes that
A) the supply of labor is fixed
B) the stock of capital and technology are fixed
C) the stock of capital and technology grows at a constant rate
D) the supply of labor grows at a constant rate
E) the supply of labor grows at an increasing rate.

Question

Quizplus · Accepted Answer

The Answer of The classical model assumes that
A) the supply of labor is fixed
B) the stock of capital and technology are fixed
C) the stock of capital and technology grows at a constant rate
D) the supply of labor grows at a constant rate
E) the supply of labor grows at an increasing rate.

The Classical Model Assumes That