Multiple Choice
If the savings rate increases in the Solow growth model
A) the growth rate in output per capita increases in the long run.
B) output per capita falls in the long run.
C) the investment rate declines.
D) output per capita increases in the long run.
E) capital per worker grows at a higher rate in the long run.
Correct Answer:
Verified
Correct Answer:
Verified
Q48: After 2011 in Canada<br>A)growth in the labour
Q49: In the Malthusian model, the population growth
Q50: The Malthusian model performs poorly in explaining
Q51: In the Malthusian model, population growth depends
Q52: The Solow model emphasizes the role of
Q54: The per worker production function relates output
Q55: Malthus was too pessimistic because he did
Q56: A pessimistic long-run Malthusian result is<br>A)higher labour
Q57: For the production function, <span
Q58: If income in a country is equally