According to the Romer model,tax incentives to support research and development will lead to ________.

Question

Quizplus · Accepted Answer

According to the Romer model, tax incentives to support research and development lead to an increase in technological progress, which leads to increased productivity and output. This increased productivity eventually leads to increased per capita income. Therefore, the correct answer is D, increased per capita income.

According to the Romer Model,tax Incentives to Support Research and Development