All of the Following Statements Are Included in New Growth

question 80

Multiple Choice

All of the following statements are included in new growth theory except

• A)the forces of competition destroy incentives to make new discoveries.
• B)discoveries bring profit, and competition destroys profit.
• C)discoveries result from choices.
• D)knowledge is capital that is not subject to the law of diminishing returns.
• E)discoveries are a public capital good.

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