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Choose the statements concerning neoclassical growth theory that are true. 1. Neoclassical growth theory is the proposition that real GDP per person grows because technolog

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Choose the statements concerning neoclassical growth theory that are true. 1. Neoclassical growth theory is the proposition that real GDP per person grows because technolog 2. Neoclassical growth theory was developed in the late 19th century. 3. Neoclassical growth theory states that growth in real GDP per person can persist indefinitely. 4. The rate of technological change influences the economic growth rate but economic growth does n A. Statements 2 and 4 are correct B. Statements 2 and 3 are correct C. Statements 1 and 4 are correct. D. Statements 1 and 3 are correct

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