What explains the differences in standards of living across countries?
A) free trade agreements
B) different barriers to technology adoption
C) different employment levels
D) different climates
E) barriers to foreign capital flows
Correct Answer:
Verified
Q1: A human capital externality is
A)when an individual
Q2: In the endogenous growth model, government policy
Q3: In contrast to the Solow growth model,
Q4: In the endogenous growth model presented in
Q6: Romer's model of endogenous growth is
A)inconsistent with
Q7: Human capital is
A)the accumulated stock of physical
Q8: Nonrivalry means
A)it is possible to prevent a
Q9: If the time allocated to human capital
Q10: Which of the following is best characterized
Q11: In the Solow growth model
A)higher total factor
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