Multiple Choice
In the endogenous growth model presented in the text,an increase in the fraction of time accumulating human capital
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.
Correct Answer:
Verified
Correct Answer:
Verified
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