【单选题】Labor growth depends mainly on ________ and labor productivity growth depends mainly on ________.
A.
population growth; increases in real GDP
B.
population growth; technological advances
C.
growth in real GDP per person; growth rate of capital
D.
growth in real GDP per person; technological advances
【单选题】The phrase 'this growth' at the end of Paragraph 3 refers to ______.
C.
growth of private investment
D.
growth of the poverty-stricken population
【单选题】The phrase 'this growth' in Line 6 of Paragraph 3 refers to ______.
C.
growth of private investment
D.
growth of the poverty-stricken population
【单选题】Which growth theory predicts perpetual growth?
A.
classical growth theory
B.
neoclassical growth theory
D.
None of the above answers is correct.
【单选题】In the Solow growth model with population growth and technological change, the steady-state growth rate of income per person depends on:
A.
the rate of population growth.
C.
the rate of technological progress.
D.
the rate of population growth plus the rate of technological progress.
【单选题】The Solow growth model with population growth but no technological progress can explain:
A.
persistent growth in output per worker.
B.
persistent growth in total output.
C.
persistent growth in consumption per worker.
D.
persistent growth in the saving rate.