New growth theory
A) states that the rate of technological change is determined outside the working of the market system.
B) does not adequately explain the factors that determine productivity.
C) states that the rate of technological change is caused by economic incentives.
D) states that the rate of technological change is unaffected by economic incentives.
Correct Answer:
Verified
Q81: Figure 11-3 Q82: The per-worker production function shows the relationship Q83: Knowledge capital is _ in production and Q84: In the long run,a country will experience Q85: What is human capital? Q87: A small economy increased its capital per Q88: The per-worker production function has a _ Q89: Article Summary Q90: If the per-worker production function shifts up Q91: Technological change will
A)labor productivity
B)buildings,equipment,and machinery owned
Due to political,economic,demographic,and cultural reasons,North Africa
A)it
A)shift the per-worker production function
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