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The Key Assumption of the Romer Model That Allows an Explanation

question 44

Multiple Choice

The key assumption of the Romer model that allows an explanation of sustained growth in output per person is ________.


Definitions:

Service Quality

The degree to which a service meets or exceeds customer expectations.

Responsiveness

A measure of how quickly and effectively a person, organization, or system reacts to changes or requests.

Service Quality

The perception of the degree to which a service meets the customer's expectations and needs, often assessed through factors like reliability, responsiveness, and empathy.

Credence Properties

Attributes of a product or service that are difficult or impossible for the consumer to evaluate even after purchase and consumption.

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