The Neoclassical Growth Theory Says, in Part, That

question 195

Multiple Choice

The neoclassical growth theory says, in part, that

• A) a population explosion driven by economic growth will end economic growth.
• B) the differences in nationʹs growth rates will persist indefinitely.
• C) technology does not play a role in economic growth.
• D) technological change leads to economic growth.

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Definitions:

Rokeach's Survey

is a psychological assessment tool developed by Milton Rokeach that measures individual values and beliefs.

Sense of Accomplishment

A feeling of pride and fulfillment that comes from achieving something significant, whether in personal or professional contexts.

Cultural Values

The core principles and ideals upon which an entire community exists and functions, shaping its social behavior and practices.

Instrumental Value

The importance or worth of something based on its utility in achieving an end or serving as a means to facilitate a goal.