Real business cycle theories suggest that _____ to correct departures from the desired growth path?

Related Mcqs:

Economic growth may depend upon _____ and _____?

A. Population size, x-efficiency B. Population age distribution, education C. Population growth technical progress D. Population growth education...

The growth rates of economies tend to converge because ________ is easier when capital per worker is low and because of?

A. capital-widening technical innovation B. capital-widening Catch-up in technology C. capital-deepening technical innovation D. capital-deepening, catch-up in technology...

The belief that the rate of growth depends upon technological progress facilitated by institutions incentives and government is known as ________ growth theory?

A. endogenous B. exogenous C. beta D. convergence...

A combined measure of productivity that takes account of both labor and capital productivity is known as ?

A. total exploitation B. labour/capital productivity C. total factor productivity D. total productivity...

Governments can stimulate productivity by ?

A. Imposing higher taxes on capital B. encouraging more labour intensive work to reduce unemployment C. reducing spending in education D. encouraging private investment...