In the Neoclassical Growth Model,if Productivity Does NOT Grow

question 94

Multiple Choice

In the neoclassical growth model,if productivity does NOT grow,

• A)output per worker will be constant.
• B)output will grow at the same rate as the population growth.
• C)consumption will be constant.
• D)both A and B are correct.

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Definitions:

Mitochondrial Cristae

The inner membrane folds of mitochondria that increase the surface area for ATP production processes.

Preparatory Reaction

A phase in cellular respiration where pyruvate is converted into acetyl-CoA before entering the citric acid cycle.

Coenzyme A

A cofactor that plays a critical role in the synthesis and oxidation of fatty acids, as well as in the metabolism of carbohydrates and proteins.

Electron Transport Chain

A series of complexes that transfer electrons through a membrane within mitochondria to form a gradient used to produce ATP.