题目
题目
单项选择题

Question5 Which of the following is NOT an endogenous variable in the Romer model? the level of capital the stock of knowledge output the number of workers engaged in research the fraction of the population engaged in research ResetMaximum marks: 1 Flag question undefined

选项
A.the level of capital
B.the stock of knowledge
C.output
D.the number of workers engaged in research
E.the fraction of the population engaged in research
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思路分析
Question5 Which of the following is NOT an endogenous variable in the Romer model? the level of capital, the stock of knowledge, output, the number of workers engaged in research, the fraction of the population engaged in research Option 1: the level of capital. In many Romer-type endogenous growth frameworks, the capital stock is determined by investment decisions and savings behavior over time, making it an endogenous state variable that evolves with the e......Login to view full explanation

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Question9 Which of the following is NOT an endogenous variable in the Romer model? output the fraction of the population engaged in research the stock of knowledge the number of workers engaged in research the level of capital ResetMaximum marks: 1 Flag question undefined

Question7 In the Romer model, if Canada and Taiwan have the same proportion of researchers and the same knowledge efficiency parameter but Canada’s population is larger, then Taiwan has a higher per capita output growth rate. Canada has a higher per capita output growth rate. Canada’s level of income is greater than Taiwan’s. Canada has higher per capita income than Taiwan. each country’s per capita output grows at the same rate. ResetMaximum marks: 1 Flag question undefined

Question6 The growth rate of per capita GDP in the Romer model depends on the number of workers engaged in research. However, the country of Luxemburg, which has far fewer researchers than the U.S., grows at a rate faster than the U.S. and has a higher per capita GDP. How can the Romer model explain this difference in growth rates? This difference in growth rates is not consistent with the Romer model. The model fails to predict the facts. Due to the nonrivalry of ideas, the economy of Luxemburg grows because the model is based on ideas created throughout the world, not just within that country. The productivity of researchers or the share of workers engaged in research must be smaller in Luxemburg than in the U.S. Luxemburg is richer so according to the principle of transition dynamics, its economy should grow faster. ResetMaximum marks: 1 Flag question undefined

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