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:

Verified
Correct Answer:
Verified
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