According to the new growth theory,real GDP per person grows because
A) the retirement age increases.
B) people make choices in pursuit of profits.
C) the population increases.
D) the government subsidises firms' research and development.
E) the labour force participation rate increases.
Correct Answer:
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Q42: According to the new growth theory, which
Q43: Human capital is defined as the
A) accumulated
Q51: One way to achieve faster growth in
Q60: Which of the following lists gives factors
Q62: A central theme of the new growth
Q68: New growth theory asserts that _ will
Q105: Human capital refers to the
A)accumulation of money
Q106: _ increases with education,training and job experience.
Q108: Labour productivity increases if i.human capital decreases.
Ii)technology
Q109: The new growth theory
A)applies to only very
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