In the New Endogenous Growth Models

question 33

Multiple Choice

In the new endogenous growth models

• A) growth can occur due to "spillover" effects of research and development.
• B) investment and growth are linked to acquisition of human capital.
• C) growth does not necessarily converge to that of the growth rate of population.
• D) all of the above

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Definitions:

Predetermined Period

A predetermined period refers to a specific span of time that has been set in advance for a particular purpose or event.

Income Bonds

Bonds that pay interest only when the issuer has earned sufficient profits.

Interest Expense

Interest expense refers to the cost incurred by an entity for borrowed funds over a period of time.

Semiannually

Semiannually implies an occurrence or calculation that happens twice a year, often used in the context of interest payments or reporting periods.