The Endogenous Growth Model Suggests

question 108

Multiple Choice

The endogenous growth model suggests:

• A) that technology has significant positive externalities.
• B) the private sector, on its own, may spend too little on research and development.
• C) the government can play a role in stimulating research and development.
• D) all of these factors.

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Definitions:

Gender Socialization

The process by which individuals learn the cultural norms and expectations traditionally associated with their gender through family, media, education, and other societal influences.

Conflict Theorists

Scholars who view social life as a competition, and focus on the distribution of resources, power, and inequality.

Extended Family

A familial grouping that extends beyond the nuclear family to include grandparents, aunts, uncles, and other relatives.

Family Wage System

An economic system where wages paid are sufficient to support a worker's entire family.