Which of the Following Statements Is Likely to Be Made

question 20

Multiple Choice

Which of the following statements is likely to be made by someone who believes in the new growth theory?

• A)Choices made by human capital are likely to be inefficient.
• B)Competition will encourage discoveries of new ideas leading to greater economic growth.
• C)Economic growth will eventually slow.
• D)Although technological changes increase real GDP, these changes are random and unexplainable.
• E)Population growth will limit long-run gains in real GDP per person.

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Definitions:

Gases

States of matter consisting of particles that have neither a defined volume nor shape, expanding to fill their container.

Exhalation

The process of releasing air from the lungs through the respiratory tract; a key part of the breathing cycle in aerobic respiration.

Bronchi

The main passageways directly attached to the lungs that allow the passage of air in and out of the lungs.

Alveoli

Tiny air sacs within the lungs where gas exchange between the air and blood occurs.