The Neoclassical Growth Theory Implies That

question 69

Multiple Choice

The neoclassical growth theory implies that

• A)the marginal product of capital is low in poor countries.
• B)the rate of return on capital is low in poor countries.
• C)there should be large flows of capital from rich countries to poor countries.
• D)all of the above.

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Definitions:

Psychological Research

The scientific study of the mind and behavior through experiments, observation, and analysis to understand psychological phenomena.

Unpredictable

The quality of being unable to be predicted or foreseen, often leading to uncertainty or surprise.

Abraham Maslow

An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Sigmund Freud

Austrian neurologist known as the founding father of psychoanalysis, a method for treating psychopathology through dialogue.