Author Question: In the neoclassical growth model, the rate of technological process is: a. 2 percent. b. 0 ... (Read 64 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
In the neoclassical growth model, the rate of technological process is:
 
  a. 2 percent.
  b. 0 percent.
  c. exogenous and not explained.
  d. endogenous and explained by human capital accumulation.

Question 2

The government played a central role in directing the post-World War II economy, causing all of the following to occur except
 
  (a) The reduction of entitlements, such as Social Security and unemployment benefits.
  (b) Massive spending by the federal government, justified by the Cold War.
  (c) Enormously expanded government infrastructure spending on things like highways, airports, education and research and development.
  (d) There is no except; all of the above occurred.



heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

C

Answer to Question 2

(a)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

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?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

For a complete list of videos, visit our video library