Author Question: Refer to the information above. The price of U.S. goods measured in pounds is A) .8. B) 1.0. C) ... (Read 45 times)

sam.t96 · **on:** Jun 30, 2018

Refer to the information above. The price of U.S. goods measured in pounds is

A) .8.
B) 1.0.
C) 1.6.
D) 2.
E) none of the above

Question 2

The golden rule level of capital refers to

A) the level of capital that maximizes output per worker.
B) the level of capital that maximizes the standard of living.
C) the level of capital that maximizes consumption per worker in the steady state.
D) all of the above
E) none of the above