The New Endogenous Growth Theory Concludes That Sustained Economic Growth

question 37

Multiple Choice

The new endogenous growth theory concludes that sustained economic growth in a country comes from the interaction of labor,investments in physical and human capital,and what is perhaps the key ingredient:

• A)natural resources.
• B)the production of ideas.
• C)post-secondary education within that country.
• D)immigration into that country.

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Definitions:

Z-scores

Standardized scores that measure how many standard deviations a data point is from the mean, used for comparison across different data sets or variables.

Standard Normal Distribution

A normal distribution with a mean of 0 and a standard deviation of 1.

Between

Pertaining to comparisons or analyses conducted on distinct and separate groups or categories.

Z-scores

A statistical measure that describes a value's relationship to the mean of a group of values, represented in terms of standard deviations from the mean.