Which of the Following Describes the Difference Between the Neoclassical

Multiple Choice

Which of the following describes the difference between the neoclassical and the endogenous growth models?

A) The neoclassical model explains the long-run growth by changes in capital and labour.
B) The neoclassical model explains the long-run growth by changes in saving rates.
C) The endogenous model explains the long-run growth by changes in capital and labour.
D) The neoclassical model takes the productivity growth as given,but the endogenous model explains the productivity growth.