Author Question: Solow's growth model improved upon the Harrod-Domar results by a. incorporating technological ... (Read 216 times)

theo · **on:** Jun 30, 2018

Solow's growth model improved upon the Harrod-Domar results by

a. incorporating technological change into the model
b. making a economic growth a reasonable outcome rather than one dictated by specialcircumstance s
c. assuming that GDP would fluctuate, rather than grow steadily
d. removing investment from the model
e. none of the above

Question 2

The United States can be called a net debtor nation. This means that

A) the value of U.S. assets held abroad is worth less than the value of foreign assets held in the U.S.
B) the U.S. government owes more money than it takes in.
C) the value of the U.S. currency is less than the value of currencies for our main trading partners.
D) the U.S. manufactures more goods abroad than it manufactures domestically.