What, according to neoclassical growth theory, is the fundamental cause of economic growth?
What will be an ideal response?
Question 2
The production possibilities frontier shows
A) what people want firms to produce in a particular time period.
B) what an equitable distribution of products among citizens would be.
C) the maximum attainable combinations of two products that may be produced in a particular time period with available resources.
D) the various products that can be produced now and in the future.
