Multiple Choice
In addition to saving and investment in capital, making an even larger contribution to long-term economic growth in real GDP per person
A) are technological advances.
B) is lower current consumption.
C) is higher current consumption.
D) is a larger work force.
Correct Answer:

Verified
Correct Answer:
Verified
Q268: According to new growth theory, technological change
Q269: All of the following lead to more
Q270: The U.S. employment-to-population ratio peaked in 2000
Q271: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q272: Equilibrium in the labor market<br>A) cannot occur
Q274: Over the past 100 years real GDP
Q275: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q276: If the real wage rate is such
Q277: New growth theory<br>A) dates from the 18th
Q278: Labor productivity equals<br>A) real GDP divided by