Author Question: In the neoclassical growth model, the rate of technological process is: a. 2 percent. b. 0 ... (Read 78 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?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

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?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

For a complete list of videos, visit our video library