« previous next »

Author Question: In the Solow growth model, an increase in the savings rate A) raises steady state per capita ... (Read 57 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
on: Jun 30, 2018
In the Solow growth model, an increase in the savings rate
 
  A) raises steady state per capita output.
  B) raises the growth rate in aggregate output.
  C) must reduce per capita consumption.
  D) must reduce the standard of living.

Question 2

What is approximately the growth rate of real GDP using base year 1?
 
  A) 13
  B) 20
  C) 33
  D) 39


meganlapinski

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

The elephant raises its trunk as a sign of warning or to smell enemies or friends The elephant raises its trunk as a sign of warning or to smell enemies or friends
Model Organism Neurospora Model Organism Neurospora
Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc
Every state has a two-letter abbreviation. Every state has a two-letter abbreviation.
The Gene Expression Machine Model for Coupling The Gene Expression Machine Model for Coupling
Video: Gastrin (gastric emptying) & Secretin (buffering gastric acid)

For a complete list of videos, visit our video library