Multiple Choice
The private return from research and development might be less than the social return because:
A) others than just the inventor can use inventions that come out of research and development.
B) it is encouraged by patents and copyrights.
C) it is funded by the government.
D) all of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q26: In the Solow growth model, the long
Q27: If intellectual property rights become better secured,
Q28: In the Solow growth model transition, the
Q29: What is conditional convergence?
Q30: With steady state growth:<br>A)k* growth fluctuates.<br>B)there is
Q32: In the Solow growth model, the growth
Q33: Absolute convergence is the tendency of economies
Q34: A problem with the constant average product
Q35: In the key equation for convergence <img
Q36: In the key equation for convergence <img