In the endogenous growth model,
A) the growth rate of human capital is greater than the growth rate of output.
B) the growth rate of human capital is equal to the growth rate of output.
C) the growth rate of capital is less than the growth rate of output.
D) the growth rate of output is greater than to the growth rate of human capital.
E) the growth rate of output is equal to the growth rate of human capital.
Correct Answer:
Verified
Q36: In the context of the Solow growth
Q37: As a measure of aggregate economic welfare,real
Q38: In the endogenous growth models of Lucas
Q39: In the endogenous growth model,for the consumer
Q40: Human capital is
A) the accumulated stock of
Q42: In the endogenous growth model presented in
Q43: The idea that contact with others with
Q44: In the endogenous growth model presented in
Q45: The production function exhibits
A) increasing returns to
Q46: There are greater opportunities for taking advantage
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents