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    Business
  3. Study Set
    Intermediate Macroeconomics
  4. Exam
    Exam 5: Conditional Convergence and Long-Run Economic Growth
  5. Question
    To Encourage Firms to Engage in Research and Development (R&D)
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To Encourage Firms to Engage in Research and Development (R&D)

Question 3

Question 3

Multiple Choice

To encourage firms to engage in research and development (R&D) , governments grant temporary monopolies in the production of the goods that result from R&D called:


A) patents.
B) land grants.
C) anti-trust exemptions.
D) all of the above.

Correct Answer:

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