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Author Question: The elements of investment spending are ________. A) calculated only in real terms B) equivalent ... (Read 22 times)

Caiter2013

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on: Jun 30, 2018
The elements of investment spending are ________.
 
  A) calculated only in real terms
  B) equivalent to their corresponding international transactions
  C) consumption, government, exports and imports
  D) highly procyclical

Question 2

Which of the following is not a feature of the steady state in Solow's exogenous growth model?
 
  A) The capital/output ratio is steady.
  B) Capital grows continuously.
  C) Consumption per worker is steady.
  D) Total saving is steady.


guyanai

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

D

Answer to Question 2

D


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