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Which of the Following Flowcharts Best Summarizes Romer's Description of Ideas

Question 43

Multiple Choice

Which of the following flowcharts best summarizes Romer's description of ideas and growth?


A) Ideas \to Nonrivalry \to Increasing returns \to Imperfect competition
B) Ideas \to Capital \to Constant returns \to Imperfect competition
C) Capital \to Rivalry \to Increasing returns \to Perfect competition
D) Ideas \to Rivalry \to Increasing returns \to Perfect competition
E) Capital \to Nonrivalry \to Decreasing returns \to Imperfect competition

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