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.
Male Turkmen in the wealthier half of the population had higher fertility rates than those in the po
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
Hares and Lynx population change "الأرانب البرية و الوشق"
Distribution of the World’s Population
A graphic depiction of predisposing alleles characteristic of a threshold trait within a population,
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...