Multiple Choice
Countries with higher saving rates may have higher equilibrium growth rates since
A) people who save more also are more industrious
B) higher income allows for more savings
C) a higher saving rate allows for more investment in human capital which ultimately enhances economic growth
D) having more capital equipment is more important than having better capital equipment
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q30: Assume an endogenous growth model with labor
Q31: Assume an endogenous growth model with labor
Q32: Assume we have a simple endogenous growth
Q33: Which of the following countries had the
Q34: Which of the following countries is NOT
Q36: A comparison of per-capita GDP in China
Q37: A key assumption in an endogenous growth
Q38: Assume an endogenous growth model with labor
Q39: In a simple version of the Solow
Q40: Separating private returns to capital from social