Which of the following represents the appropriability of research?
A) the protection given to new products by the law
B) how R&D spending translates into new ideas
C) the extent to which firms benefit from the results of their own R&D spending
D) the rate of technological progress
E) both B and C
C
Economics
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Explain the effect of price elasticities of supply and demand on tax incidence
What will be an ideal response?
Economics
A decrease in autonomous investment ________
A) increases equilibrium output at any interest rate B) causes a movement down along the IS curve C) shifts the IS curve to the left D) all of the above E) none of the above
Economics