If the USEconomy Grows as Proposed by the Neoclassical Growth Model, We

question 201

Multiple Choice

If the U.S.economy grows as proposed by the neoclassical growth model, we would see that

• A) real GDP per person will increase as a result of increases in technology.
• B) real GDP per person grows slowly as population growth slows.
• C) increases in technology decrease capital per worker.
• D) random events cause technology increases and economic growth.
• E) real GDP increases cause upward shifts in the production function.

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