Multiple Choice
In the steady-state diagram of the Solow model,an increase in saving per worker is shown by
A) shifting the saving-per-worker curve down, resulting in a lower steady-state capital-labor ratio.
B) shifting the saving-per-worker curve up, resulting in a higher steady-state-capital-labor ratio.
C) shifting the saving-per-worker curve up, resulting in a lower steady-state capital-labor ratio.
D) shifting the saving-per-worker curve down, resulting in a higher steady-state capital-labor ratio.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: The computerization of police departments throughout the
Q47: Over the past year,an economy's labor supply
Q48: If capital and labor each grow 5%
Q49: In the Solow model,if productivity doesn't change,<br>A)the
Q50: The elasticity of output with respect to
Q52: A government policy that would raise the
Q53: Why do some people think that the
Q54: From one year to the next,a country's
Q55: Greenwood and Yorukoglu view the post-1973 productivity
Q56: In the Solow model,if f(k)= 2k<sup>0.5</sup>,s =