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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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