The new growth theory
A) applies to only very poor,less-developed nations.
B) explains the source of technological advances.
C) asserts that economic growth can be rapid but can only persist for a limited period of time.
D) corrects for poor estimates of population growth.
E) eliminates technological advances from the growth picture.
Correct Answer:
Verified
Q42: According to the new growth theory, which
Q43: Human capital is defined as the
A) accumulated
Q58: The new growth theory asserts that profits
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.
Q107: According to the new growth theory,real GDP
Q108: Labour productivity increases if i.human capital decreases.
Ii)technology
Q113: In explaining economic growth,new growth theory stresses
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