In the Endogenous Growth Models of Lucas and Romer, Human

question 28

Multiple Choice

In the endogenous growth models of Lucas and Romer, human capital accumulation is best described as a form of

• A) consumption.
• B) investment.
• C) government spending.
• D) natural resource.
• E) total factor productivity.

---

Definitions:

Premises

Claims or premises that serve as the foundation for an argument or from which inferences are made.

Categorical Syllogism

A form of deductive reasoning consisting of a major premise, a minor premise, and a conclusion, each of which is a categorical proposition.

Identical Terms

Phrases or words that have the exact same meaning in a particular context, often used interchangeably.

Autobiographical Memory

The aspect of memory concerned with the recollection of personal experiences and events from one's life.