« previous next »

Author Question: Which of the theory is better to think about policy? A) game theory B) optimal control theory ... (Read 85 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Jun 30, 2018
Which of the theory is better to think about policy?
 
  A) game theory
  B) optimal control theory
  C) expectations theory
  D) none of the above

Question 2

Suppose there is an increase in the saving rate. Explain what effect this increase in the saving rate will have on the rate of growth of output per worker.
 
  What will be an ideal response?


Sophiapenny

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

As described in answers for the previous chapter, an increase in the saving rate will only temporarily affect the growth rates of Y and Y/N. Once the new balanced growth equilibrium is achieved, the growth rates of Y and Y/N will return to their original levels.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Hormonal control of insect development. Hormonal control of insect development.
Gate Control Theory, Gate control, Open gate, Closed gate, Pain, Nerve transmission of pain, Pain ma Gate Control Theory, Gate control, Open gate, Closed gate, Pain, Nerve transmission of pain, Pain ma
A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there
In Second Life, multiplayer online game, two avatars engage in virtual courtship. In Second Life, multiplayer online game, two avatars engage in virtual courtship.
Control of urination. Control of urination.
Birth Control Methods and Abortion Birth Control Methods and Abortion
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library