Suppose the population of a country falls,but its Real GDP remains constant.As a result,there is __________ economic growth.
A) both absolute economic growth and per-capita real
B) absolute economic growth,but not per-capita real
C) per-capita real economic growth,but not absolute
D) neither absolute economic growth nor per-capita real
Correct Answer:
Verified
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Q36: Technological advances make it possible to
A) produce
Q37: An economy growing at a steady rate
Q38: Real GDP in a small country is
Q39: Neoclassical growth theory does not emphasize how
Q41: New growth theory puts emphasis on
A) ideas.
B)
Q42: If Real GDP is $6 billion and
Q43: _ specifies the relation between technology and
Q44: In contrast to neoclassical growth theory,new growth
Q45: A production function specifies the relation between
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