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The endogenous growth theory attempts to Question 2 options: a) explain how societies can more easily...

The endogenous growth theory attempts to

Question 2 options:

a)

explain how societies can more easily reach the "Golden Rule."

b)

replace the Solow model with a model in which money growth plays a key role.

c)

explain why productivity changes.

d)

show how population growth reduces capital and output.

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Answer #1

C is right option

Endogenous growth theory attempts to explain why productivity changes

Models of economic growth which try to explain the change in rate of technological change is called endogenous growth theory

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