The Most Important Policy Implication of the Classical Growth Model

question 112

Multiple Choice

The most important policy implication of the Classical growth model is that:

• A)policies to slow population growth will accelerate economic growth.
• B)policies to stimulate technological development will stimulate economic growth.
• C)policies to stimulate saving and investment will stimulate economic growth.
• D)budget deficits will stimulate economic growth.

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Definitions:

Behavioral Therapy

A type of psychotherapy that focuses on changing negative behaviors into positive ones through conditioning and reinforcement.

Schema Focused Psychotherapy

A form of psychotherapy that blends cognitive-behavioral, experiential, interpersonal, and psychoanalytic techniques to change deep-seated patterns in thinking and behavior.

Psychodynamic Therapy

A therapeutic approach that emphasizes understanding the unconscious processes as they are manifested in a person's present behavior, with roots in Freudian psychoanalysis.

Cognitive Therapy

A type of psychotherapy aimed at changing negative patterns of thinking, to alter unwanted behavior patterns and treat mood disorders.