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1. Are economists more concerned about the limits to growth imposed by environmental degradation or those imposed by recourse scarcity? 2. In 1980 the rise
1. Are economists more concerned about the limits to growth imposed by environmental degradation or those imposed by recourse scarcity?
2. In 1980 the rise of conservatives governments in majority of developed world( notable in US , Canada, Britain and West Germany) came with a neoclassical counterrevolution in economic theory and policy. Explain the central arguments of the neoclassical counterrevolution?
3.What would be the predicted growth rate in the Solow model in the 'steady state'?
Group of answer choices
a)positive
b))zero
c)steady
d)negative
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