Neoclassical Growth Theory Placed Emphasis on Two Resources

question 67

Multiple Choice

Neoclassical growth theory placed emphasis on two resources:

• A) capital and entrepreneurship.
• B) natural resources and capital.
• C) capital and labor.
• D) labor and entrepreneurship.
• E) labor and natural resources.

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Definitions:

Unique Adaptation

A distinctive or specialized feature, structure, or behavior developed by an organism to improve its chances of survival and reproduction in its environment.

Insects

A class of arthropods, characterized by a three-part body (head, thorax, abdomen), three pairs of legs, compound eyes, and two antennae.

Arthropod

An invertebrate that belongs to phylum Arthropoda; characterized by a hard exoskeleton; a segmented body; and paired, jointed appendages.

Parapodia

Paired, lateral extensions found in some annelids, such as polychaete worms, used for locomotion and respiration.