According to economist Paul Romer, economies that wish to experience growth must
A) invest most of their savings in national defense.
B) invest in knowledge.
C) drastically lower their standards of living.
D) become command economies.
Correct Answer:
Verified
Q158: According to the text, data supports the
Q161: The reason that patents are granted is
A)
Q169: What does the fact that U.S. students
Q170: Firms are more likely to devote resources
Q171: Which of the following will tend to
Q172: Human capital is
A) the saving done by
Q173: Which of the following is TRUE of
Q175: Which of the following is NOT associated
Q177: A patent is
A) a government protection that
Q180: Traditionally, economists regarded improvements in technology as
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents