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With Respect to Innovation,which of the Following Statements Is True

Question 21

Multiple Choice

With respect to innovation,which of the following statements is true?


A) Government policy cannot influence the rate of innovation.
B) The principal incentive for innovation does not appear to be related to profits.
C) The utilization rate of existing plant and equipment and its durability are independent of the pace of innovation.
D) Innovation is exogenous to the economic system.
E) Innovation is often endogenous to the economic system.

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