Decreasing the fraction of time devoted to working leads to
A) higher incomes per worker.
B) higher consumption per worker.
C) increases in the fraction of time spent accumulating human capital.
D) lower labour supply.
E) a cleaner environment.
Correct Answer:
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Q47: In the endogenous growth model, more time
Q48: In the endogenous growth model presented in
Q49: In the endogenous growth model presented in
Q50: In the endogenous growth model,
A) the growth
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Q53: The production function exhibits
A) increasing returns to
Q54: Government policies that increase the efficiency of
Q55: The endogenous growth model appears consistent with
Q56: In the endogenous growth model presented in
Q57: If the time allocated to human capital
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