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Which of the Following Ideas Apply to the Neoclassical Growth

question 324

Multiple Choice

Which of the following ideas apply to the neoclassical growth theory?
I. Technological change results from chance.
II. Growth in real GDP stops if technology stops advancing.


Definitions:

Petition

A formal written request, typically signed by multiple individuals, appealing to authority with respect to a particular cause.

Election

The formal process of selecting a candidate for office or deciding on a proposal by casting ballots.

Certification Election

A formal process in which employees vote to determine whether they wish to be represented by a labor union.

NLRB

The National Labor Relations Board, a United States government agency responsible for enforcing US labor law in relation to collective bargaining and unfair labor practices.

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