Suppose in a country, the working-age population doubles due to immigration. However, the country neglects investment in research and development and hence the country's level of technology is stagnant.
Which of the following statements will be true of this economy?
A) The economy will experience steady economic growth.
B) The savings rate will remain stagnant over the years.
C) The economy's output will rise at an increasing rate over time.
D) The economy cannot achieve a sustained growth.
Question 2
Refer to the above figure. The marginal propensity to consume and the marginal propensity to save
A) are 0.75 and 0.25, respectively. B) depend on the level of income.
C) are 0.90 and 0.10, respectively. D) are 0.83 and 0.17, respectively.
In 2010 protesters in Washington, D.C., demanded that the Obama administration support liberalized i
Medical assistant working in a front office area of a medical office.
Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ...
Population and Settlement
The level of future emissions is closely linked to the rate of population growth
Age-Standardized Suicide Rates (per 100 000 Population), Both Sexes, 2016