Economists believe that governments that encourage research and development through their policies do it through which of the following methods?

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Quizplus · Accepted Answer

The methods mentioned in option B are commonly used by governments to encourage research and development. A patent system creates incentives for researchers by granting them exclusive rights to their inventions. University research funding supports academic research and development, and conferring intellectual property rights allows researchers to profit from their discoveries. Option A could also be a way for governments to encourage research and development, but it is not mentioned in the other options. Option C includes consumer subsidies, which may not necessarily encourage research and development, and option D mentions decreased migration, which is not directly related to policy measures to encourage R&D.

Economists Believe That Governments That Encourage Research and Development Through