Proponents of the new growth theory argue that which of the following is a determinant of economic growth?
A)An effective system of patent protection
B)The quality and size of the nation's educational system
C)The proportion of income that goes into research and development
D)All of the above

Question

Quizplus · Accepted Answer

Proponents of the new growth theory argue that economic growth is determined by a variety of factors, including an effective system of patent protection, the quality and size of the nation's educational system, and the proportion of income that goes into research and development. Therefore, all of the above choices are determinants of economic growth according to the new growth theory.

Proponents of the New Growth Theory Argue That Which of the Following