Consider the Neoclassical Growth Model

Multiple Choice

Consider the Neoclassical growth model.The effect of an increase in population (or the labour force) in an economy,with everything else held constant,is

A) an increase in per capita national income.
B) an increasingly aging population.
C) a decrease in per capita output.
D) a decrease in the capital-output ratio.
E) an inward shift of the production possibilities boundary.