In the neoclassical theory of growth, growth in ________ is the result of luck.
A: saving
B: income
C: technology
D: the real interest rate
A: saving
B: income
C: technology
D: the real interest rate
举一反三
- The growth theory that predicts perpetual economic growth is A: classical growth theory. B: neoclassical growth theory. C: the new growth theory. D: real growth theory.
- Which growth theory predicts perpetual growth? A: classical growth theory B: neoclassical growth theory C: new growth theory D: None of the above answers is correct.
- According to the neoclassical theory of distribution, in an economy described by a Cobb-douglas production function, workers should experience high rates of real wage growth when:( ) A: real interest rates are low. B: real interest rates are high. C: average labor productivity is growing rapidly. D: capital's share of income is growing rapidly.
- The neoclassical growth model predicts conditional convergence for countries with the same population growth, level of technology, and A: a higher savings rate B: a lower savings rate C: the same savings rate D: all of the above E: none of the above
- The nominal interest rate approximately equals which of the following? (名义利率约等于以下哪个?——中文由在线翻译而来,仅供参考) A: the real interest rate minus the inflation rate实际利率减去通货膨胀率 B: the real interest rate plus the inflation rate实际利率加上通货膨胀率 C: the real interest rate minus the growth rate of real GDP实际利率减去实际GDP的增长率 D: the real interest rate plus the growth rate of real GDP实际利率加上实际GDP增长率