A government policy that would raise the rate of productivity growth is
A) shifting infrastructure expenditures to the private sector.
B) taxing expenditures on research and development.
C) reducing the government budget surplus.
D) improving human capital development.
D
Economics
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A game in which each player has a dominant strategy of defecting, and each ends up worse off than if they had both cooperated is called
A) a pure coordination game. B) a prisoner's dilemma game. C) an assurance game. D) a battle of the sexes game.
Economics
An increase in the interest rate will: a. increase the amount of money borrowed by firms
b. decrease the amount of money borrowed by firms. c. have an ambiguous effect on the amount of money borrowed by firms. d. have no effect on the amount of money borrowed by firms.
Economics