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Author Question: Accumulating a greater number of inputs will ensure that an economy will experience economic growth. ... (Read 75 times)

armygirl

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on: Jun 29, 2018
Accumulating a greater number of inputs will ensure that an economy will experience economic growth.
 
  Indicate whether the statement is true or false

Question 2

Creative destruction means that
 
  A) economic growth can only be sustained if capital depreciates rapidly.
  B) firms develop new products that replace old products in the economy, thereby encouraging economic growth.
  C) research and development should only be financed if research and development is incremental (a result of making small changes to existing products).
  D) knowledge capital can be created through a system of government subsidies for education and research and development.


SVictor

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


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