In Endogenous Growth Models,it Is Assumed That

question 9

Multiple Choice

In endogenous growth models,it is assumed that

• A)there are external economies from public or private investments.
• B)there are diminishing marginal returns to capital.
• C)growth is explained by forces outside the model.
• D)the capital-labor ratio is constant.

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Definitions:

Residential Subdivisions

A land area that has been divided into lots, typically for the purpose of building homes or other residential structures.

Disclosure

The act of revealing or making known information that was previously secret or unknown.

Develops

The process of growth, expansion, or evolution, often describing the progression of ideas, projects, or physical changes.

Board Action

Official decisions or measures taken by the board of directors of a company or organization.