Author Question: In the neoclassical growth model, break-even investment must cover a. the depreciation in ... (Read 32 times)

joesmith1212 · **on:** Jun 30, 2018

In the neoclassical growth model, break-even investment must cover

a. the depreciation in capital.
b. the rate of technology growth.
c. depreciation and capital for new workers (population growth).
d. capital for new workers (population growth) and technology growth.
e. none of the above.

Question 2

If private investment had held up as well as consumption did, the economic contraction from 1929 to 1933 would have been less severe than it was.

Indicate whether the statement is true or false