Endogenous growth theory supports the conclusion that ________.
A) government spending cannot influence the level of research and development
B) increased government spending on research and development is counterproductive
C) per capita income growth is a function of real factors,such as the supply of money
D) increased government spending on research and development is useful
Correct Answer:
Verified
Q60: The Romer model is distinct from the
Q61: In the Romer model,as more labor is
Q62: One difference between a policy of direct
Q63: Q64: Technological spillover _. Q66: According to the Romer model,an increase in Q67: Spending on education is likely to raise Q68: An economy of 80 million people has
A)is made possible by the
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