New growth theory emphasizes the importance of increases in what factor in explaining growth?
A)Capital
B)Labor
C)Technology
D)Land

Name: New growth theory emphasizes the importance of increases in what factor in explaining growth? A)Capital B)Labor C)Technology D)Land
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Question

Quizplus · Accepted Answer

New growth theory emphasizes the importance of technology, particularly how technological innovation and knowledge contribute to economic growth, rather than traditional factors like labor and capital.

New Growth Theory Emphasizes the Importance of Increases in What