Joseph Schumpeter's theories paralleled Karl Marx's as both:
A) saw entrepreneurs as the driving force behind economic progress
B) used only the tools of economic theory to support their beliefs
C) saw the process of "creative destruction" as necessary for economic growth
D) predicted the downfall of capitalism
E) were opposed to capitalist exploitation
Correct Answer:
Verified
Q57: Q58: Q59: In Canada,professional football players earn much higher Q60: The marginal product of labour is: Q61: Consider the following table: Q63: The labour market demand curve is: Q64: Marginal productivity theory is directly applicable: Q65: According to Joseph Schumpeter,most real world markets Q66: Consider the following table: Q67: In a perfectly competitive labour market,a business's
A)the output
A)obtained by
A)only in
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