This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assume a closed economy. Suppose the incremental capital-output ratio is 3, and the depreciation ... (Read 123 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
Assume a closed economy. Suppose the incremental capital-output ratio is 3, and the depreciation rate is 4.
 
  Using the Harrod-Domar growth equation, if the savings rate is 9, what will be the rate of growth? What would the savings rate have to be to achieve 5 growth?

Question 2

Which of the following is an objective of macroeconomic stabilization?
 
  (a) eliminating current account deficits.
  (b) controlling inflation.
  (c) restoring fiscal balance.
  (d) all of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Bison

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

1; 27.

Answer to Question 2

D


EAugust

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jun 30, 2018
Thank you :)


Bison

  • Sr. Member
  • ****
  • Posts: 342
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Urine output. Urine output.
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Capital-Biased Technological Change Capital-Biased Technological Change
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum
A closed loop conductor that forms a circle with a radius of is located in a uniform but ... A closed loop conductor that forms a circle with a radius of is located in a uniform but ...
Video: Introduction to Epilepsy

For a complete list of videos, visit our video library