Author Question: In the neoclassical growth model, the rate of technological process is: a. 2 percent. b. 0 ... (Read 67 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?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

For a complete list of videos, visit our video library