Multiple Choice
Which of the following statements is true?
A) Growth in technology is linear in nature.
B) Growth in technology is exponential in nature.
C) Growth in labor productivity is exponential in nature.
D) Growth in land productivity is exponential in nature.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q14: If a country's human capital improves,the country
Q15: Widespread mobile phone use has helped to
Q16: If the investment on physical capital stock
Q17: The saving rate in France is currently
Q18: The Solow growth model is a tool
Q20: According to the Solow model,which of the
Q21: Scenario: The depreciation rate of physical capital
Q22: If the depreciation rate in an economy
Q23: For the U.S.economy,on average,the growth resulting from
Q24: What were the major reasons for the