The endogenous growth model suggests:
A) that technology has significant positive externalities.
B) the private sector, on its own, may spend too little on research and development.
C) the government can play a role in stimulating research and development.
D) all of these factors.
Correct Answer:
Verified
Q89: According to the endogenous growth model, public
Q90: Reducing business cycle fluctuations is an important
Q91: If technological progress involves positive externalities, then
Q92: Narrbegin Exhibit 12.2
Q93: Patents are an example of governments:
A) stifling
Q95: One of the goals of macroeconomists is
Q96: If patent protection were not offered by
Q97: The endogenous growth model suggests that technological
Q98: Narrbegin Exhibit 12.2
Q99: Narrbegin Exhibit 12.2
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