The endogeneous growth theory seeks to provide explanation for which of the following determinants of growth that the Solow’s model did not explain?
A. Technical Progress
B. Labour Growth
C. Role of the government in promoting growth
D. All the above
Answer:D
The endogeneous growth theory seeks to provide explanation for which of the following determinants of growth that the Solow’s model did not explain?
A. Technical Progress B. Labour Growth C. Role of the government in promoting growth D. All the above