According to Robert Solow, better ideas are responsible for about _____ of our standard of living.
A) 15 percent
B) 25 percent
C) 50 percent
D) 75 percent

Question

Quizplus · Accepted Answer

Robert Solow's research suggests that technological progress accounts for about 75 percent of the growth in our standard of living over time, with the remaining 25 percent attributable to increases in capital and labor.

According to Robert Solow, Better Ideas Are Responsible for About