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In the Romer Model, the More Labor You Dedicate to Generating

Question 37

Multiple Choice

In the Romer model, the more labor you dedicate to generating ideas, ________ but ________.


A) the faster you accumulate knowledge; at a loss to current output in the consumption sector
B) the faster you accumulate knowledge; at a gain to current output in the consumption sector
C) the slower you accumulate knowledge; at a loss to current output in the consumption sector
D) the less you accumulate knowledge; at a gain to current output in the consumption sector
E) the more knowledge you lose; at a gain to current output in the consumption sector

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