asked 116k views
3 votes
Endogenous growth theory rejects the assumption of exogenous:_________.a. population growth rates. b. production functions. c. rates of depreciation. d. technological change.

1 Answer

4 votes

Answer:

d. technological change.

Step-by-step explanation:

Endogenous growth theory can be defined as a theory which states that the growth of a company is directly related to its internal factors such as number of employees, policies, etc and not external factors.

Endogenous growth theory rejects the assumption of exogenous technological change.

answered
User Timbus Calin
by
8.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.