In the endogenous growth model, decreasing time spent working, u, will lead to which of the following.

A. A decrease in the growth rate of oonsumption, C
B. An increase in the growth rate of human capital, H
C. Neither a) nor b) is true
D. Both a) and b) are true

Question

10-06-2024
Business

Answered

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In the endogenous growth model, decreasing time spent working, u, will lead to which of the following.

A. A decrease in the growth rate of oonsumption, C
B. An increase in the growth rate of human capital, H
C. Neither a) nor b) is true
D. Both a) and b) are true

Sagot :

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