This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In neoclassical growth theory, technological change ________. A) occurs by chance B) is ... (Read 151 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568
on: Jun 29, 2018
In neoclassical growth theory, technological change ________.
 
  A) occurs by chance
  B) is influenced by population growth
  C) is influenced by the rate of economic growth
  D) occurs at a steady rate

Question 2

If the marginal cost of an activity exceeds the marginal benefit, then
 
  A) the activity will occur because the high marginal cost means it must be highly valued.
  B) the forgone alternatives' costs must be increased.
  C) an alternative action will be selected.
  D) the person must concentrate on the activity's total benefits.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

marict

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


meagbuch

  • Hero Member
  • *****
  • Posts: 568
Reply #2 on: Jun 29, 2018
Thank you :)


marict

  • Sr. Member
  • ****
  • Posts: 304
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Urinary catheterization. The procedure involves the insertion of a flexible tube, or catheter, throu Urinary catheterization. The procedure involves the insertion of a flexible tube, or catheter, throu
Modern Medical Technological Revolution Modern Medical Technological Revolution
Poverty and population growth Poverty and population growth
U.S. Output and Productivity Growth, 1870–2007 U.S. Output and Productivity Growth, 1870–2007
Climate change Climate change
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Video: Brain Anatomy Animation (Part 1 of 2)

For a complete list of videos, visit our video library