Multiple Choice
Total factor productivity growth involves
A) spending on national defence and the environment.
B) research and development by firms, education, and training on the job.
C) increasing the size of government.
D) increasing consumption per worker and income per worker.
E) favourable government policies.
Correct Answer:
Verified
Correct Answer:
Verified
Q48: Which of the following is a way
Q49: If the time allocated to human capital
Q50: Barriers to the adoption of new technology
Q51: In the endogenous growth model,<br>A) the growth
Q52: Decreasing the fraction of time devoted to
Q54: In the endogenous growth model presented in
Q55: If monopoly power is not protected by
Q56: Income per worker has been<br>A) converging in
Q57: In the endogenous growth model<br>A) growth ceases
Q58: In the endogenous growth model, government policy