Author Question: In contrast to the earlier neoclassical models of economic growth, in endogenous growth models, ... (Read 121 times)

neverstopbelieb · **on:** Jun 30, 2018

In contrast to the earlier neoclassical models of economic growth, in endogenous growth models, there is more emphasis on

a. human capital.
b. externalities.
c. increasing returns to scale.
d. all of the above.

Question 2

The bargaining power of an LDC government in negotiating with a TNC is greatest when

a. it has large amounts of labor available
b. it has a large market for a product
c. it has a resource that few other countries have
d. it can offer large tax breaks
e. none of the above