Multiple Choice
The models of endogenous technological progress usually predict that:
A) population growth causes economic growth to decline.
B) population growth hinders technological progress by reducing the capital-labor ratio.
C) population growth enhances economic growth.
D) All of the above.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Joseph Schumpeter view of competition in the
Q7: Joseph Schumpeter's concept of competition is:<br>A) similar
Q8: According to Joseph Schumpeter:<br>A) entrepreneurs prefer self-financing
Q9: The speed of technological progress is likely
Q10: How does a decline in β, the
Q12: The present value of innovation curve (PVI)
Q13: The cost of innovation curve (CoI) in
Q14: Which of the following are conclusions generated
Q15: An imperfectly competitive producer:<br>A) can potentially earn
Q16: Among the characteristics of technology is/are:<br>A) technological