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-(Figure: the Solow Model)If the Production Function Shifts from Y1

Question 151

Multiple Choice

  -(Figure: The Solow Model) If the production function shifts from Y<sub>1</sub> to Y<sub>2</sub> in the accompanying graph of the Solow model,then: A)  no growth will occur. B)  growth will occur from capital accumulation only. C)  growth will occur from better ideas only. D)  growth from both capital accumulation and better ideas will occur.
-(Figure: The Solow Model) If the production function shifts from Y1 to Y2 in the accompanying graph of the Solow model,then:


A) no growth will occur.
B) growth will occur from capital accumulation only.
C) growth will occur from better ideas only.
D) growth from both capital accumulation and better ideas will occur.

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