New growth theory

A) states that the rate of technological change is caused by economic incentives.
B) states that the rate of technological change is determined outside the working of the market system.
C) states that the rate of technological change is unaffected by economic incentives.
D) does not adequately explain the factors that determine productivity.

A

Economics

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Refer to Figure 4-9. How much of the tax is paid by buyers?

A) $8 B) $5 C) $4 D) $3

Economics

If, in the game in Scenario 13.14, R moves first, C will respond with

A) Q = 50. B) Q = 100. C) Q = 150. D) a mixed strategy over the three choices that includes some positive likelihood for each Q. E) a mixed strategy over the choices Q = 50 and Q = 100.

Economics