Which of the following are conclusions generated by all of the models of endogenous technological progress?
A) Population growth causes growth to slow down.
B) Population size has no effect on technological progress.
C) The larger the population, the faster the rate of technological progress, ceteris paribus.
D) Population growth will slow down as the rate of technological progress accelerates.

Question

Quizplus · Accepted Answer

All models of endogenous technological progress suggest that population size has a positive effect on technological progress, ceteris paribus. Therefore, option C is the correct conclusion. Options A and D are not necessarily true for all models, and option B is not supported by any of the models.

Which of the Following Are Conclusions Generated by All of the Models