Multiple Choice
Assume that an economy experiences both positive population growth and technological progress. Once the economy has achieved balanced growth, we know that the output per effective worker (Y/AN) is
A) growing at a rate of gA - gN.
B) growing at a rate of gN.
C) growing at a rate of 0.
D) growing at a rate of gA + gN.
E) growing at a rate of gA.
Correct Answer:

Verified
Correct Answer:
Verified
Q20: Assume that an economy experiences both positive
Q21: Which of the following will cause an
Q22: Which of the following plays the crucial
Q23: Which of the following is always true
Q26: Among the reasons that the poor countries
Q27: High growth in the rich countries from
Q28: The rate of growth of output per
Q29: Patents represent:<br>A) how R&D spending translates into
Q51: Explain what factors determine the slope of
Q54: Explain what is meant by the fertility