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The New Growth Theory Asserts That

Question 120

Multiple Choice

The new growth theory asserts that


A) the population growth rate will increase when real GDP per person increases.
B) eventually people earn only a subsistence living.
C) a discovery can be used by only one person,the discoverer.
D) technology improves slowly while the population grows rapidly.
E) production processes can be replicated by many different firms in the economy.

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