Bac SES Practice Questions - Baccalaureat General - Specialite Sciences Economiques Et Sociales (SES), Epreuve Terminale Exam

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Endogenous growth theory (Romer, Lucas) argues that long-run growth is self-sustaining because of investment in which areas?

Only physical machinery Knowledge, human capital, R&D and public infrastructure Foreign exchange reserves Speculative financial assets

Correct Answer:

Knowledge, human capital, R&D and public infrastructure

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