Endogenous growth theory claims that growth can, in principle, be unbounded. How can that be? Is this
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Endogenous growth theory claims that growth can, in principle, be unbounded. How can that be? Is this claim incompatible with a scarcity of resources on the planet? Justify your answer based on economic concepts.
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Endogenous growth theory postulates that economic growth can be unbounded in principle meaning that there is no inherent limit to how much an economy ...View the full answer
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