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Which of the Following Theories Predicts That There Can Be

question 59

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Which of the following theories predicts that there can be no sustained rise in real income above the subsistence level?
i. Classical growth theory
ii. Neoclassical growth theory
iii. New growth theory


Definitions:

Means To An End

A method or action used solely to achieve a specific goal, without considering the process as valuable in itself.

Distributive Justice

The perceived fairness of how resources, rewards, and burdens are distributed within a society or group, contributing to social stability and equity.

Fairness

The quality of making judgments that are free from discrimination or favoritism, ensuring equal treatment for all.

Sexual Coercion

A form of sexual harassment where an individual is pressured or forced into sexual activities against their will, often through threats or manipulation.

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