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

Author Question: Suppose a poor economy inches towards the steady state in Solow's exogenous growth model. What ... (Read 158 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
Suppose a poor economy inches towards the steady state in Solow's exogenous growth model. What happens?
 
  A) Consumption per capita decreases.
  B) Saving per capita decreases.
  C) The depreciation rate increases.
  D) The growth rate of output decreases.

Question 2

If workers sit idly by for a portion of their workday, but are still employed, ________.
 
  A) the negative productivity shock has no effect on output
  B) it is unlikely that a decrease in aggregate demand is the cause
  C) aggregate data may create a false illusion of a negative productivity shock
  D) a negative productivity shock is the most plausible explanation


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jun 30, 2018
Gracias!

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

A model of anxiety in which stressful events or a changing mental condition can produce unfavorable A model of anxiety in which stressful events or a changing mental condition can produce unfavorable
Diathesis–stress model of depression. Diathesis–stress model of depression.
Population Growth and Mobility Population Growth and Mobility
A model for kinetochore structure and organization A model for kinetochore structure and organization
Population growth and growth rate, 1950 - 2100 Population growth and growth rate, 1950 - 2100
Plant growth with and without fungus (comparison) Plant growth with and without fungus (comparison)
Video: Structures that affect circulation - heart and systolic/diastolic BP

For a complete list of videos, visit our video library