All of the following unambiguously contribute to economic growth EXCEPT
A) increase in human capital.
B) increase in technology.
C) increase in labor productivity.
D) increase in government spending.
Correct Answer:
Verified
Q205: What is the economic role of a
Q206: A government grant that gives an inventor
Q207: Free trade
A) hurts economic growth because foreigners
Q208: Innovation is
A) always financed by the government.
B)
Q209: According to new growth theory, economic growth
Q211: Explain how the "new growth theory" treats
Q212: A patent is
A) a bond issued by
Q213: The reason that the government offers inventors
Q214: How does innovation differ from invention? Why
Q215: Explain Paul Romer's ideas concerning economic growth.
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