Suppose in a country, the working-age population doubles due to immigration. However, the country neglects investment in research and development and hence the country's level of technology is stagnant.
Which of the following statements will be true of this economy?
A) The economy will experience steady economic growth.
B) The savings rate will remain stagnant over the years.
C) The economy's output will rise at an increasing rate over time.
D) The economy cannot achieve a sustained growth.
Question 2
Refer to the above figure. The marginal propensity to consume and the marginal propensity to save
A) are 0.75 and 0.25, respectively. B) depend on the level of income.
C) are 0.90 and 0.10, respectively. D) are 0.83 and 0.17, respectively.
Interaction web of factors that might influence locust population size.
Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Over nearly 30 years, humans removed many polar bears for a variety of reasons, from a population in
How Fast is the World's Population Growing?
population pyramid of Croatia
Population receiving welfare, 1960-2020