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Which of the following economists contributed greatly to neoclassical growth theory in the 1950s and 1960s?
Exports And Imports
The transactions in goods and services where exports refer to selling domestically produced goods or services abroad, and imports are those bought from foreign producers.
Diverse Quantity
A variety in the amount or number of items or elements in a set.
Implicit Marginal Tax
The incidental tax effect on an individual’s additional income due to loopholes, deductions, or exemptions in the tax system.
Welfare Benefits
Financial or material support provided by governments to individuals or families in need, typically aimed at reducing poverty and boosting social welfare.
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