Multiple Choice
The difference between total factor productivity (TFP) in the Solow model and the stock of ideas in the Romer model is that:
A) TFP grows and ideas are fixed.
B) TFP is fixed and ideas can grow.
C) TFP is nonrivalrous and ideas are not.
D) TFP is rivalrous and ideas are not.
E) There is no difference.
Correct Answer:
Verified
Correct Answer:
Verified
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