ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
Question 9 Which of the following statements is true? 1. If output per head is proportional to the number of ideas had in the past, then a constant rate of growth requires ever rising numbers of new ideas each year. 2. World population growth is a potential source of new ideas. a) Both 1 and 2 b) 1 only c) 2 only d) Neither 1 nor 2
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Transcribed Image Text:Question 9 Which of the following statements is true? 1. If output per head is proportional to the number of ideas had in the past, then a constant rate of growth requires ever rising numbers of new ideas each year. 2. World population growth is a potential source of new ideas. a) Both 1 and 2 b) 1 only c) 2 only d) Neither 1 nor 2
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