Which of the following government policies would most likely result in an increase in economic growth?
A)a decrease in the life of a patent from 20 years to 15 years
B)a decrease in the interest rate at which the government provides student loans
C)a decrease in government spending on grants issued through the National Institutes of Health
D)decreased copyright protection on music and movies
E)an increase in taxes on research and development spending

Question

Quizplus · Accepted Answer

By decreasing the interest rate at which the government provides student loans, more people will be able to afford higher education which can lead to an increase in their skills and productivity, ultimately boosting economic growth.

Which of the Following Government Policies Would Most Likely Result