Which of the Following Statements Is Likely to Be Made

Multiple Choice

Which of the following statements is likely to be made by someone who believes in the new growth theory?

A) Population growth will limit long-run gains in real GDP per person.
B) Competition will encourage discoveries of new ideas leading to greater economic growth.
C) Although technological changes increase real GDP, these changes are random and unexplainable.
D) Choices made by human capital are likely to be inefficient.
E) Economic growth will eventually slow.