According to the Neoclassical Growth Model,it Is Most Likely That

question 17

Multiple Choice

According to the Neoclassical growth model,it is most likely that GDP would increase,but that average material living standards would fall,as a result of

• A)a fast-growing capital stock.
• B)a better educated labour force.
• C)an increase in the working population.
• D)a growing capacity to develop and incorporate new innovations.
• E)an increase in the availability of natural resources.

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