Solved

If SA > S + N in the Model

Question 19

Multiple Choice

If sA > s If sA > s + n in the model with constant average product of capital, the long run growth rate is: A) constant. B) positive C) negative. D) cyclical. + n in the model with constant average product of capital, the long run growth rate is:


A) constant.
B) positive
C) negative.
D) cyclical.

Correct Answer:

verifed

Verified

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

Related Questions

Q14: A business may not seek a patent

Q15: With steady state growth:<br>A)the optimal output per

Q16: A problem with the constant average product

Q17: In the key equation for convergence <img

Q18: Ideas are rival goods.

Q20: An example of a non-rival good is:<br>A)mathematical

Q21: What is the key equation for conditional

Q22: An example of a rival capital good

Q23: Steady state growth is when:<br>A)when the average

Q24: Convergence can be seen in the data