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

Author Question: Comparing steady states, which of the following is a result of a permanent increase in the saving ... (Read 76 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jun 30, 2018
Comparing steady states, which of the following is a result of a permanent increase in the saving rate, but is not a consequence of a one-time increase in productivity?
 
  A) an increase in consumption per worker
  B) a decrease in the marginal product of capital
  C) an increase in output per worker
  D) an increase in the growth rate of output

Question 2

In the classical model, an increase in saving is assumed to increase
 
  a. the demand for loanable funds, which decreases interest rates.
  b. the supply of loanable funds, which decreases interest rates.
  c. both the demand for money and loanable funds, which reduces interest rates.
  d. neither the demand for money nor bonds, leaving interest rates unchanged.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


Capo

  • Hero Member
  • *****
  • Posts: 545
Reply #2 on: Jun 30, 2018
Correct answers!


dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Ethnic Variations in Prenatal Care within the United States Ethnic Variations in Prenatal Care within the United States
Occupational Prestige: How The United States Compares With Sixty Countries Occupational Prestige: How The United States Compares With Sixty Countries
How to read gel electrophoresis result How to read gel electrophoresis result
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Decomposition of Productivity Gap Between India and the United States Decomposition of Productivity Gap Between India and the United States
Created Equal: A Social and Political History of the United States, Brief Edition Created Equal: A Social and Political History of the United States, Brief Edition
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library