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Many Economists Now Deemphasize Capital Accumulation as a Source of Growth

Question 37

Multiple Choice

Many economists now deemphasize capital accumulation as a source of growth because:


A) capital accumulation no longer affects growth.
B) capital accumulation alone does not necessarily lead to growth.
C) the value of the capital stock no longer depends upon technology and needs of society.
D) capital has been defined so narrowly that it has become a less useful concept.

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