Sources of Increasing Returns That Help Raise Productivity Growth Include

question 73

Multiple Choice

Sources of increasing returns that help raise productivity growth include the following, except:

• A) More specialized inputs
• B) Spreading of development costs
• C) Network effects
• D) Low unemployment

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Definitions:

Politically Authoritarian

A governance system marked by strong central power and limited political freedoms and personal rights.

Property Rights

Legal rights to possess, use, and dispose of assets including real, personal, and intellectual property.

Intellectual Property Rights

Legal protections for creations of the mind, such as inventions, literary and artistic works, and symbols.

Developing Countries

Nations with lower levels of industrialization, lower standards of living, and generally lower Human Development Index (HDI) scores compared to developed countries.