According to the Neoclassical Growth Model,balanced Growth of Labour and Capital

Multiple Choice

According to the Neoclassical growth model,balanced growth of labour and capital

A) leads to rising material living standards.
B) will not increase the level of per capita GDP.
C) will result in a constant level of GDP.
D) is a natural outcome of long-run equilibrium.
E) explains current rising per capita incomes in many countries.