Multiple Choice
American economist Paul Romer metaphorically stated, "Economic growth springs from better recipes, not just from more cooking." What does he mean with this?
A) that rather than working harder, one should work smarter and in new ways
B) that innovations demand development
C) that the key to growth is new knowledge/methods/innovations
D) that the key to growth is to work harder
E) that the key to growth is from more capital in work
F) that the key to growth is having more manpower working harder
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Entrepreneurial capital is a component of Audretch's
Q3: When the expression uncertainty is discussed in
Q4: The concepts of "industrial wisdom" and industry's
Q5: Researchers (and the book) discuss knowledge and
Q6: The book features a standardized model (M.
Q7: In Chapter 2, "institutional set-up" is mentioned.
Q8: Chapter 2 delves into the notion of
Q9: "The Swedish paradox" (sometimes referred to as
Q10: When the term uncertainty is discussed in
Q11: In the discussion on growth in Chapter