Answer to Question #90516 in Macroeconomics for Sung Eun Seok

Question

6. Which of the following does NOT increase labour productivity?
Select one:
A. an increase in capital
B. a discovery of new technologies
C. an increase in aggregate hours
D. an investment in human capital

7. Which theory of economic growth concludes that growth can continue indefinitely?
A. The classical growth theory
B. The neoclassical growth theory
C. The new growth theory
D. All of the theorie

Answer 1

6. An increase in aggregate hours does NOT increase labour productivity, so the correct answer is C.

7. The new growth theory concludes that growth can continue indefinitely, so the correct answer is C.