Economists concerned with innovation and knowledge conclude that
A) invention is more important than innovation in spurring economic growth.
B) the amount of technological innovation in an economy is independent of the rewards offered for innovation.
C) rates of global economic growth are limited by the amount of raw materials available.
D) economic growth can continue as long as we keep coming up with new ideas.
Correct Answer:
Verified
Q16: Investment in human capital
A) has no effect
Q17: Which one of the following is TRUE?
A)
Q18: Studies indicate that
A) there is a positive
Q19: The relationship between savings rates and growth
Q20: Higher savings rates mean higher future growth
Q22: Research has shown that the growth of
Q23: Which one of the following is FALSE?
A)
Q24: The reason that the government offers inventors
Q25: A document issued by the government to
Q26: Often, it is entrepreneurs who undertake the
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