A Theory Without Capital or Technology

question 72

Multiple Choice

A theory without capital or technology

• A)is of limited use because there have always been capital and technology.
• B)is useful for illustrating production and economic conditions in the time before the Industrial Revolution.
• C)None of these
• D)is useful for illustrating the importance of population growth in improving the standard of living.
• E)is capable of explaining productivity growth.

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Definitions:

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Financial Statement Data

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