Total factor productivity growth involves
A) spending on national defence and the environment.
B) research and development by firms, education, and training on the job.
C) increasing the size of government.
D) increasing consumption per worker and income per worker.
E) favourable government policies.
Correct Answer:
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Q35: In the endogenous growth models of Lucas
Q36: Which of the following is best characterized
Q37: In the endogenous growth model, for the
Q38: Which of the following statements best describes
Q39: In the endogenous growth models of Lucas
Q41: In the endogenous growth model presented in
Q42: The government can cause growth to increase
Q43: Romer's model of endogenous growth is
A) consistent
Q44: In the endogenous growth model
A) growth ceases
Q45: In the endogenous growth model, government policy
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