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    Exam 8: Why Do Economies Grow
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    Innovations That Come About Through Inventive Activity Designed Specifically to Reduce
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Innovations That Come About Through Inventive Activity Designed Specifically to Reduce

Question 146

Question 146

Multiple Choice

Innovations that come about through inventive activity designed specifically to reduce costs is known as:


A) endogenous growth.
B) creative destruction.
C) induced innovation.
D) virtuous circle.

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