menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Policy and Practice
  4. Exam
    Exam 6: The Sources of Growth and the Solow Model
  5. Question
    When an Economy Experiences a One-Time Increase in Productivity,there Is
Solved

When an Economy Experiences a One-Time Increase in Productivity,there Is

Question 15

Question 15

Multiple Choice

When an economy experiences a one-time increase in productivity,there is an immediate increase in ________.


A) the saving rate
B) the capital-labor ratio
C) the depreciation rate
D) consumption per worker

Correct Answer:

verifed

Verified

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

Related Questions

Q10: In a steady-state economy with no population

Q11: In the bathtub analogy,which of the following

Q12: In the typical bathtub,the flow of water

Q13: With a closed economy and no government

Q14: Countries with different initial levels of per

Q16: A One-Child Policy was instituted in 1979

Q17: Solow Diagram <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5036/.jpg" alt="Solow Diagram

Q18: National output is a function of _.<br>A)capital

Q19: Capital and labor are distinct from productivity

Q20: In a closed economy _.<br>A)investment equals consumption<br>B)investment

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines