According to New Growth Theory

question 182

Multiple Choice

According to new growth theory

• A)physical capital is nonexcludable.
• B)knowledge capital is excludable.
• C)knowledge capital is subject to increasing returns.
• D)knowledge capital is rival and excludable.

---

Definitions:

Visual, Printed

Refers to materials or information presented in a form that can be seen, often on paper or a digital screen.

Oral Media

Communication methods that involve spoken language to convey messages, such as radio, storytelling, or oral traditions.

Visual Media

Forms of communication that use visual elements, such as images, videos, or graphics, to convey information or messages.

Written Media

Forms of communication and expression that involve writing, ranging from books and newspapers to emails and social media posts.