Multiple Choice
Among the characteristics of technology is/are:
A) technological progress is often the result of intentional, costly activity.
B) technology consists of a complex set of knowledge, ideas, and methods.
C) it is often nonrival and nonexcludable.
D) All of the above.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: Nearly a century ago, Alfred Marshall (1920)
Q10: Technological progress:<br>A) is similar no matter where
Q11: Evidence of learning-by-doing has been found in
Q12: Technological progress has been characterized as:<br>A) path
Q13: The learning-by-doing model:<br>A) exhibits increasing returns to
Q15: A measure of an economy's technological progress
Q16: Externalities:<br>A) are incidental by-products of some other
Q17: The AK model generates permanent economic growth
Q18: Which of the following is not one
Q19: Paul Romer's definition of technology includes:<br>A) institutions.<br>B)