« previous next »

Author Question: An assumption of neoclassical growth theory is that A) technological change is random. B) ... (Read 95 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 29, 2018
An assumption of neoclassical growth theory is that
 
  A) technological change is random.
  B) technological change can be influenced by savings.
  C) more growth encourages more technological change.
  D) None of the above answers is correct.

Question 2

If the price level last year was 220 and this year is 250, what is the inflation rate between the two years?
 
  A) 30 percent
  B) 13.6 percent
  C) 12.2 percent
  D) 20 percent


Eunice618

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Interstitial growth of cartilage Interstitial growth of cartilage
Growth of Cloud Droplets Growth of Cloud Droplets
Geoengineering is not a solution to climate change Geoengineering is not a solution to climate change
Relationship between Resource Use and Growth Relationship between Resource Use and Growth
Climate change Climate change
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Video: Role of transport in a cell

For a complete list of videos, visit our video library