Multiple Choice
According to the Neoclassical growth model,it is most likely that GDP would increase,but that average material living standards would fall,as a result of
A) a fast-growing capital stock.
B) a better educated labour force.
C) an increase in the working population.
D) a growing capacity to develop and incorporate new innovations.
E) an increase in the availability of natural resources.
Correct Answer:

Verified
Correct Answer:
Verified
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