Question:
Which of the following is a criticism of the neoclassical theory of economic growth?
Which of the following is a criticism of the neoclassical theory of economic growth?
Updated On: Aug 5, 2024
- It assumes that markets are perfect and competitive
- It does not adequately account for the role of government in economic development
- It does not adequately account for the role of institutions in economic development
- All the above
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The Correct Option is D
Solution and Explanation
The correct option is (D): All the above
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