465) Suppose the proportion of the population in the workforce increases while everything else stays the same. According to the neoclassical growth model, which of the following statements is false?
Answer is:
There will be sustained economic growth.
Related Micro Economics MCQ (GK Set-1) with Answers
Answer is:
If people save and invest a higher proportion of their incomes, while everything else stays the same, then there will be sustained growth
Answer is: