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Business, 01.11.2019 04:31 josebienka

What is the key idea of classical growth theory that leads to the dismal outcome? the key idea of classical growth theory that leads to the dismal outcome is that a. no matter how much technological change occurs, real gdp per person is always pushed back toward the subsistence level. b. doomsday conditions arise as a direct consequence of today's economic growth and that a decrease in average lifespan will be the result of increasing amounts of carbon dioxide in the earth's atmosphere. c. global warming and climate change will result in a decrease in real gdp per person. d. knowledge is subject to diminishing returns.

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