New Growth Theory

question 69

Multiple Choice

New growth theory

• A)states that the rate of technological change is determined outside the working of the market system.
• B)does not adequately explain the factors that determine productivity.
• C)states that the rate of technological change is caused by economic incentives.
• D)states that the rate of technological change is unaffected by economic incentives.

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Definitions:

Electrostatic Attractions

The force that draws particles together that have opposite electric charges, important in numerous biological processes.

Dissociated Ions

Ions that are separated from each other in solution, typically as a result of dissolving ionic compounds in a solvent.

Electrical Charge

A physical property that causes matter to experience a force when placed in an electromagnetic field.

Electrolytes

Minerals in the body fluids that carry an electric charge, important in numerous physiological processes including muscle function and fluid balance.