neo classical model老师上课讲Level of the output 能因为capital增加而提升, 但是growth rate只能科技进步提升。
mock题里面per-capita-growth level到底是指的是level of output还是grwoth rate呢??因为既有关检词level,又包含growth。答案是A。
Next, Mahlangu considers Country B. Country B is operating at its steady-state rate of growth where the marginal product of capital is equal to its marginal cost. Mahlangu expects that Country B will be able to permanently increase its per capita growth level.
Based on the neoclassical model, which of the following would best support Mahlangu's expectation for Country B?
A:An improved level of technology
B:An increase in business investment
C:An elimination of restrictions on the inflow of foreign investment