Multiple Choice
The growth produced by markets:
A) makes everyone better off and improves the distribution of income as well.
B) affects the wealthy more than it affects the poor.
C) makes the average person better off but may worsen the distribution of income.
D) affects the level of income but not its distribution.
Correct Answer:

Verified
Correct Answer:
Verified
Q123: Unlike Classical growth theory, new growth theory
Q124: Other things equal, according to the Classical
Q125: According to the Classical growth model, an
Q126: Saving and investment are often viewed as
Q127: Growth compatible institutions:<br>A)have incentives built into them
Q128: The idea behind Say's Law is that
Q129: Learning by doing suggests that:<br>A)greater experience increases
Q131: An economy grows when its population increases.
Q132: New growth theory emphasizes the importance of
Q133: In the early 2000s, analysts feared that