Question:
The technical change in the endogenous growth model is endogenized by
The technical change in the endogenous growth model is endogenized by
Updated On: Oct 1, 2024
- providing incentives to firms to innovate.
- making the saving function dependent on income.
- introducing constraints in capital accumulation.
- assuming a perfectly competitive market structure.
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The Correct Option is A
Solution and Explanation
The correct option is (A): providing incentives to firms to innovate.
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