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What is the role of government in fostering TFP growth? a) None. It should be left to the market b) To subsidize R&D, because R&D
What is the role of government in fostering TFP growth?
a) None. It should be left to the market
b) To subsidize R&D, because R&D is very expensive
c) To subsidize R&D, because there are externalities
d) To protect intellectual property rights
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