Multiple Choice
Which of the following can expand the production possibilities frontier?
A) Improved patent laws
B) Legal reforms that increase transaction costs
C) Reductions in the length of patent protection
D) Stringent tax laws for R&D companies
E) The advent of a labor deepening technology
Correct Answer:
Verified
Correct Answer:
Verified
Q21: Which of the following does not contribute
Q22: Suppose a production possibilities frontier (PPF)has been
Q23: The figure below shows a per-worker production
Q24: Which of the following does not contribute
Q25: Long-term growth in production can be explained
Q27: _ is a resource whose quality is
Q28: An increase in the amount of capital
Q29: Clustering:<br>A)occurs when government resources are diverted toward
Q30: The productivity of land is the most
Q31: The productivity growth slowdown of the late