Total factor productivity growth involves
A) research and development by firms, education, and training on the job.
B) favourable government policies.
C) increasing consumption per worker and income per worker.
D) spending on national defence and the environment.
E) increasing the size of government.
Correct Answer:
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Q28: In the endogenous growth model presented in
Q29: In the endogenous growth model, for the
Q30: A major differences between the Solow growth
Q31: In the Solow growth model, a country
Q32: In the endogenous growth model presented in
Q34: In the endogenous growth model presented
Q35: The government can cause growth to increase
Q36: For the Solow model to accurately explain
Q37: Human capital accumulation is different from physical
Q38: Income per worker has been
A)converging in neither
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