A Key Idea of the New Growth Theory Is That

question 105

Multiple Choice

A key idea of the new growth theory is that

• A) technology is not an important determinant of economic growth.
• B) economic growth is not as important as leisure time growth.
• C) the greater the rewards for technological advances, the greater the number of technological advances.
• D) the rewards associated with technological advances have little to do with the actual rate of invention or innovation.

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Definitions:

Self-Control

The ability of an individual to regulate their emotions, thoughts, and behaviors in the face of temptations and impulses.

Late

Delayed beyond the expected or usual time.

Airplane Repair Technician

A skilled professional specialized in maintaining and repairing the mechanical and avionics equipment of aircraft.

Essential Activities

Tasks or actions that are crucial or necessary for achieving certain objectives or for the functioning of a system, organization, or individual's daily life.