Which of the Following Characterizes the Endogenous Growth Theory

question 41

Multiple Choice

Which of the following characterizes the endogenous growth theory?

• A)The endogenous growth theory allows for government policies to impact the long-run growth.
• B)The productivity growth is explained,rather than assumed.
• C)The marginal productivity of capital might be constant as increase in capital leads to higher human capital.
• D)All of the above.

---

Definitions:

Cyanobacteria

Photosynthetic bacteria that produce oxygen as a byproduct of photosynthesis, found in various aquatic environments and historically significant for oxygenating the Earth's atmosphere.

Atmospheric Oxygen

The oxygen that is part of Earth's atmosphere, essential for the respiration of most living organisms and a product of photosynthesis.

Chloroplasts

Organelles found in the cells of plants and other photosynthetic organisms, sites where photosynthesis takes place.

Carbon-14 Dating

A method for determining the age of an object containing organic material by measuring the levels of carbon-14, a radioactive isotope.