Question
Economics Question on Microeconomics
Which of the following is a criticism of the neoclassical theory of economic growth?
A
It assumes that markets are perfect and competitive
B
It does not adequately account for the role of government in economic development
C
It does not adequately account for the role of institutions in economic development
D
All the above
Answer
All the above
Explanation
Solution
The correct option is (D): All the above