Multiple Choice
The creation of technology is hampered by the fact that:
A) ideas are rival goods.
B) ideas are easily excludable in a variety of ways.
C) patents and copyrights are awarded or enforced in all countries.
D) knowledge is often nonrival in nature.
Correct Answer:
Verified
Correct Answer:
Verified
Q27: The fundamental logic behind the AK model
Q28: The AK model is important because:<br>A) investment
Q29: The endogenous growth models based on equipment
Q30: When the learning-by-doing process is specified as
Q31: The Solow residual is:<br>A) usually very small.<br>B)
Q33: In addressing the issue of international trade
Q34: An implication of the AK model is
Q35: According to Weitzman (1996), An abstract case
Q36: Among the characteristics of technology is/are:<br>A) the
Q37: What comes first, basic scientific research or