Multiple Choice
A factor that turned out to be a weakness of the classical theory of growth is its
A) emphasis on saving and investment.
B) assumption that the growth rate of the population increases when income increases.
C) reliance on constant growth in technology.
D) neglect of the subsistence real wage.
Correct Answer:
Verified
Correct Answer:
Verified
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Q251: The growth rate of real GDP per
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Q256: Which of the following policy actions could
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Q258: Strategy to Address Dependence on Foreign Workers,
Q259: Real GDP per person in the country
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