In Neoclassical growth accounting, a higher share of profits in national income will lead to an increased

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In Neoclassical growth accounting, a higher share of profits in national income will lead to an increased rate of GDP growth:

A) when labor productivity is growing more rapidly than the size of the labor force.

B) when labor productivity is growing more rapidly than the size of the capital stock.

C) when the capital stock is growing more rapidly than the size of the labor force.

D) when investment spending is higher than consumption spending.

E) in virtually all circumstances.

Related Book For answer-question

Microeconomics Theory and Applications

ISBN: 978-1118758878

12th edition

Authors: Edgar K. Browning, Mark A. Zupan

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Posted Date: Nov 04, 2020 12:58 AM

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In Neoclassical growth accounting, a higher share of profits in national income will lead to an increased

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Microeconomics Theory and Applications

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