This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The implication of the Solow model is that for sustained growth: A) the ratio of savings rate to ... (Read 87 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
on: Jun 30, 2018
The implication of the Solow model is that for sustained growth:
 
  A) the ratio of savings rate to depreciation rate should be constant as the economy grows over time.
  B) the ratio of savings rate to depreciation rate should increase as the economy grows over time.
  C) the ratio of capital stock to GDP should decreases the economy grows over time.
  D) the ratio of capital stock to GDP should be constant as the economy grows over time.

Question 2

Markets exist
 
  A) because each person specializes in the production of many products.
  B) because people are self-sufficient.
  C) as an arrangement where buyers do not interact with sellers.
  D) so people can buy and sell things.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cloudre37

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


mrsjacobs44

  • Member
  • Posts: 500
Reply 2 on: Jun 30, 2018
:D TYSM

vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Rapid population growth of geese has resulted in extensive areas of La Perouse Bay becoming d Rapid population growth of geese has resulted in extensive areas of La Perouse Bay becoming d
The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h
The Rate Law The Rate Law
Limiting factors restrain population growth Limiting factors restrain population growth
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Generation of the F2 trihybrid phenotypic ratio using the forked-line method Generation of the F2 trihybrid phenotypic ratio using the forked-line method
Video: Appendicitis Animation

For a complete list of videos, visit our video library