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.

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Refers to a person's ability to analyze information and produce work that involves oral and written language, such as speeches, books, and emails.

Bachelor's Degree

An undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to seven years (or equivalent).

ABC Method

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Innovative Thinker

An individual who introduces new ideas and approaches, demonstrating creativity and original thinking in problem-solving.