The theory that steady-state economic growth rate is affected by economic behaviour and economic policy is called:
A) Keynesianism.
B) exogenous growth theory.
C) endogenous growth theory.
D) neoclassical growth theory.
Correct Answer:
Verified
Q85: Which of the following statements is false?
A)
Q86: Endogenous growth implies the steady-state growth rate
Q87: Endogenous (new) growth theories emphasize the importance
Q88: Data on labour productivity growth in Canada
Q89: Unlike exogenous neoclassical growth theory, new endogenous
Q91: The zero-growth proposal argues for:
A) zero addition
Q92: The construction of the Trans-Canada Highway is
Q93: Data suggests that in most countries, economic
Q94: Neoclassical growth theory assumes that potential output
Q95: By historical standards, economic growth is a
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