Author Question: An increase in which of the following factors can lead to sustained growth of a nation in the Solow ... (Read 43 times)

saliriagwu · **on:** Jun 30, 2018

An increase in which of the following factors can lead to sustained growth of a nation in the Solow model?

A) Physical capital B) Technology C) Human capital D) Savings rate

Question 2

Refer to the table above. If consumption expenditure increases to 200,000 in the next year, ________, all other variables remaining unchanged.

A) gross domestic product will fall to 367,000 B) gross domestic product will increase to 367,000
C) gross domestic product will increase to 400,000 D) gross domestic product will fall to 400,000