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    Exam 5: Conditional Convergence and Long-Run Economic Growth
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    If Intellectual Property Rights Become Better Secured, Then
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If Intellectual Property Rights Become Better Secured, Then

Question 27

Question 27

Multiple Choice

If intellectual property rights become better secured, then:


A) the costs of R&D are greater.
B) the costs of R&D are smaller.
C) the private returns to R&D are greater.
D) the private returns to R&D are smaller.

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