The government can cause growth to increase in the endogenous growth model by
A) increasing physical capital investment.
B) closing schools so that people can consume more.
C) reducing physical capital investment.
D) promoting more efficient human capital accumulation and the devotion of more time to human capital accumulation.
E) cutting back on government spending.
Correct Answer:
Verified
Q30: A major differences between the Solow growth
Q31: In the Solow growth model, a country
Q32: In the endogenous growth model presented in
Q33: Total factor productivity growth involves
A)research and development
Q34: In the endogenous growth model presented
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
Q39: Government ownership of production
A)increases total factor productivity.
B)is
Q40: The endogenous growth models were characterized by
A)Friedman
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