Multiple Choice
Suppose,due to the effects of a military conflict that has ended,that a country experiences a large reduction in its capital stock.Assume no other effects of this event on the economy.Which of the following will tend to occur as the economy adjusts to this situation?
A) a relatively low growth rate for some time
B) a relative high growth rate for some time
C) zero growth for some time, followed by a gradually increasing growth rate
D) positive growth, followed by negative growth, and then zero growth
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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