Q1. The new growth theory contends that economic growth is a function of which of the following two economic variables? A) The subsistence real wage and real interest rates. B) Real interest rates and technological change. C) The creation of knowledge capital and real interest rates.
Q2. Which of the following concepts is uniquely associated with the new theory of economic growth? A) Increased spending on health care and population growth. B) No diminishing returns to knowledge capital. C) Real gross domestic product (GDP) growth based on investment in new capital and technological change.
Q3. Which of the following concepts is uniquely associated with the neoclassical theory of economic growth? A) No diminishing returns to knowledge capital. B) Real GDP growth. C) Opportunity cost of having children.
Q4. Which of the following concepts is uniquely associated with the classical theory of economic growth? A) Subsistence real wage. B) Target rate of return. C) Real GDP growth.
| 
发表于 2009-1-5 11:27
| 
