New Growth Theory States That Increases in ________ Capital Will

question 94

Multiple Choice

New growth theory states that increases in ________ capital will result in ________ at the ________ level.

• A)knowledge; increasing returns to scale; firm
• B)physical; decreasing returns to scale; firm
• C)knowledge; decreasing returns to scale; economy
• D)knowledge; increasing returns to scale; economy

---

Definitions:

Hydrocarbons

Organic compounds consisting entirely of hydrogen and carbon, found in fossil fuels and as a major component of petroleum and natural gas.

Low-Quality Energy

Energy that is dispersed and difficult to gather for useful work, such as heat energy at a low temperature.

Uranium-235

An isotope of uranium that is fissile, meaning it can sustain a nuclear chain reaction, used as fuel in nuclear reactors and weapons.

Conservation of Matter

A scientific law stating that matter cannot be created or destroyed in an isolated system, only transformed.