- New Growth Theory Differs From Traditional Growth Theory In That Oa Traditional Theory Did Not Include The Growth Of The 1 (14.12 KiB) Viewed 16 times
New growth theory differs from traditional growth theory in that OA traditional theory did not include the growth of the
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New growth theory differs from traditional growth theory in that OA traditional theory did not include the growth of the
New growth theory differs from traditional growth theory in that OA traditional theory did not include the growth of the labor productivity in the computation of economic growth, but new growth theory does OB. traditional theory understood that there would be greater technological advances when there are rewards but new growth theory places no importance on rewards. OC. traditional theory did not recognize the contribution of labor to total output, but new growth theory does. D. traditional theory did not explain what causes improvements in technology, but new growth theory does.