In the endogenous growth models of Lucas and Romer,human capital accumulation is best described as a form of
A) consumption.
B) investment.
C) government spending.
D) natural resource.
E) total factor productivity.
Correct Answer:
Verified
Q29: In the endogenous growth model presented in
Q30: Human capital accumulation is different from physical
Q31: Which of the following statements best describes
Q32: A primary deficiency of the Solow growth
Q33: The endogenous growth models were characterized by
A)
Q35: Nonrivalry means
A) it is impossible or extremely
Q36: In the context of the Solow growth
Q37: As a measure of aggregate economic welfare,real
Q38: In the endogenous growth models of Lucas
Q39: In the endogenous growth model,for the consumer
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