Multiple Choice
Which of the following flowcharts best summarizes Romer's description of ideas and growth?
A) Ideas Nonrivalry Increasing returns Imperfect competition
B) Ideas Capital Constant returns Imperfect competition
C) Capital Rivalry Increasing returns Perfect competition
D) Ideas Rivalry Increasing returns Perfect competition
E) Capital Nonrivalry Decreasing returns Imperfect competition
Correct Answer:
Verified
Related Questions
Q6: Increasing returns to scale is characterized by:
A)
Q11: Which of the following are (an)example(s)of idea(s)?
A)new