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Author Question: In the neoclassical model, an increase in the savings rate a. causes a more than proportionate ... (Read 18 times)

HudsonKB16

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on: Jun 30, 2018
In the neoclassical model, an increase in the savings rate
 
  a. causes a more than proportionate increase in the capital to labor ratio.
  b. results in a less than proportionate increase in the capital to labor ratio.
  c. results in a proportionate increase in the growth rate of output.
  d. None of the above

Question 2

Which of the following statements is (are) correct? During the existence of the Euro (1999-),
 
  a. borrowing from abroad financed large excesses of merchandise imports over exports in the U.S.
  b. the United States has continued to be the world's largest debtor nation.
  c. the dollar initially appreciated but then depreciated strongly since 2001 against the euro.
  d. All of the above


sierrahalpin

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


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HudsonKB16

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Reply #2 on: Jun 30, 2018
Thank you


sierrahalpin

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Reply #3 on: Jun 30, 2018
No problemo


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