Author Question: In a steady-state, sustained increases in the capital-to-labor ratio are only possible if a. the ... (Read 65 times)

leilurhhh · **on:** Jun 30, 2018

In a steady-state, sustained increases in the capital-to-labor ratio are only possible if

a. the savings rate increases.
b. population growth decreases.
c. depreciation decreases.
d. technology increases.
e. all of the above.

Question 2

If a country imposes a tariff on all imports, then you would expect to see:

a. an increase in this country's current account surplus.
d. an increase in this country's foreign lending.
c. in increase in this country's exchange rate.
d. a and b.
e. all of the above.