menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 6: Economic Growth
  5. Question
    If the Saving Rate Increases, a Country's Growth Rate of Real
Solved

If the Saving Rate Increases, a Country's Growth Rate of Real

Question 71

Question 71

Multiple Choice

If the saving rate increases, a country's growth rate of real GDP per hour of labor ________ and capital per hour of labor ________.


A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q67: The aggregate production function describes the relationship

Q68: If the price level rises by 4

Q69: A movement along the aggregate production function

Q70: According to new growth theory<br>A) ever-advancing productivity

Q72: The best definition for economic growth is<br>A)

Q73: If both the supply of labor and

Q74: To achieve faster growth, economies can increase

Q75: The classical growth theory's view of the

Q76: Labor productivity increases with<br>A) increases in consumption

Q350: According to the Economic Times (09/2012), Standard

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines