Multiple Choice
In the endogenous growth model presented in the text,an increase in the efficiency of human capital accumulation
A) increases the growth rate of human capital and increases the growth rate of output.
B) increases the growth rate of human capital and decreases the growth rate of output.
C) decreases the growth rate of human capital and increases the growth rate of output.
D) decreases the growth rate of human capital and decreases the growth rate of output.
E) decreases the growth rate of human capital and reduces total factor productivity.
Correct Answer:

Verified
Correct Answer:
Verified
Q36: Which of the following is a way
Q37: Countries do not have access to the
Q38: In the endogenous growth model presented in
Q39: Which of the following statements best describes
Q40: In the endogenous growth model,<br>A) the growth
Q42: The Solow growth model predicts that aggregate
Q43: Total factor productivity growth involves<br>A) spending on
Q44: In the equation describing the accumulation of
Q45: The marginal product of human capital<br>A) rises
Q46: Human capital accumulation is different from physical