
Which of the following is not a reason for differences in total factor productivity across countries?
A) Differences in the size of population.
B) learning by doing.
C) barriers to the adoption of new technology.
D) inefficient allocation of factors of production across firms in some countries.
Correct Answer:
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Q6: In the endogenous growth model,human capital accumulation
Q7: According to Solow's exogenous growth theory,what happens
Q8: Suppose a poor economy inches towards the
Q9: When countries converge,
A) they all grow at
Q10: In the endogenous growth model,workers divide their
Q12: Human capital is
A) knowledge found in books.
B)
Q13: Income per worker has been
A) converging in
Q14: Suppose a country is much richer than
Q15: In the Solow growth model,countries with identical
Q16: Convergence means that
A) if poor countries grow
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