Which of the following will tend to cause an increase in technology?
A) an increase in research and development expenditures
B) the development of new ideas
C) increases in human capital
D) all of the above

Question

Quizplus · Accepted Answer

All of the above options can lead to an increase in technology. Investment in research and development can lead to new innovations and technological advancements. The development of new ideas can also contribute to technological progress. Finally, an increase in human capital, such as the education and training of individuals, can lead to the development of new technologies as well.

Which of the Following Will Tend to Cause an Increase