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From course:

Economics of innovation

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Question:

Gross Domestic Expenditure in R&D (GERD) is larger than Business Enterprise Expenditure in R&D (BERD): o No, the opposite holds o Yes, because GERD includes business and government expenditure o No, because BERD includes business and government expenditure o Yes, because GERD includes business, government, education and private no-profit expenditure

Author: Nasta Charniak



Answer:

O Yes, because GERD includes business, government, education and private no-profit expenditure


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