In the endogenous growth model,workers divide their time between market work and
A) accumulating physical capital.
B) accumulating human capital.
C) trying to invent new production processes.
D) work at home.
Correct Answer:
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Q5: Human capital is knowledge in
A) books.
B) people.
C)
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
Q11: Which of the following is not a
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
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