Which of the Following Is Ignored by Exogenous Models of Economic

question 21

Multiple Choice

Which of the following is ignored by exogenous models of economic growth?

• A) The incentives and institutions that can foster and promote technological development.
• B) The fact that growth is determined by technological development.
• C) The effect of an increase in labour on the capital per worker ratio.
• D) The fact that economic output is needed to renew existing capital.

---

Definitions:

Share Information

The action of making knowledge, data, or insights accessible to others within an organization or a network.

Conventional Teams

Groups of people who work together in a traditional office setting to achieve common goals.

Trust

The belief in the reliability, truth, ability, or strength of someone or something, often seen as the foundation of successful relationships.

Team Effectiveness

The extent to which a team achieves its goals, meets its members' needs, and sustains performance over time.