Which of the following is consistent with the classical theory of growth?
A) rapid population growth in poor countries
B) permanent increases in real wages
C) permanent growth in productivity
D) permanent increases in living standards
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Q206: Which of the following predicts that there
Q207: Which of the following ideas are included
Q208: Neoclassical growth theory predicts that
A) population growth
Q209: According to the neoclassical growth theory,
A) forces
Q210: Which of the following ideas apply to
Q212: According to the classical growth theory of
Q213: Classical growth theory proposes that real GDP
Q214: The assumption that population growth will lead
Q215: Population increases are the limiting factor in
Q216: Classical growth theory asserts that
A) only some
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