In the Romer model, ________ is the driving force behind sustained ________ economic growth.

Question

Quizplus · Accepted Answer

According to the Romer model, sustained economic growth is driven by knowledge. This is because in the model, technological progress is the main driver of economic growth, and technological progress is driven by knowledge. Additionally, the model argues that knowledge is a non-rival good, meaning that it can be used by many individuals without being depleted, which makes it particularly conducive to long-term sustained growth.

In the Romer Model, ________ Is the Driving Force Behind