Which of the following policies is designed specifically to directly promote technological change in an economy?
A)government subsidization of research and development
B)tax incentives to promote investment in 401K plans
C)laws to strengthen property rights
D)a vaccination program to combat infectious diseases

Question

Quizplus · Accepted Answer

Government subsidization of research and development can directly promote technological change by providing resources and funding for the development of new technologies. Tax incentives, laws to strengthen property rights, and vaccination programs can indirectly affect technological change, but they are not designed specifically for this purpose.

Which of the Following Policies Is Designed Specifically to Directly