Author Question: According to the neoclassical growth model, in a steady state with no technology growth: a. the ... (Read 91 times)

@Brianna17 · **on:** Jun 30, 2018

According to the neoclassical growth model, in a steady state with no technology growth:

a. the amount of capital per worker is constant over time.
b. investment equals total depreciation.
c. savings equals total depreciation.
d. all of the above.
e. none of the above.

Question 2

In the period 196095,

(a) the relations between capital and labor (owners and workers) continued to be as hostile and violent as they were in the 1930s and earlier.
(b) the relations between capital and labor (owners and workers) continued to be cooperative and peaceful, as they had been throughout U.S. history.
(c) an accord was struck which involved more cooperative relations between capital and labor and encouraged high rates of productivity in industry.
(d) the federal government intervened with a strong hand to ensure that labor and capital worked together cooperatively.