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Author Question: In the Solow growth model, an increase in the savings rate A) raises steady state per capita ... (Read 123 times)

maegan_martin

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on: Jun 30, 2018
In the Solow growth model, an increase in the savings rate
 
  A) raises steady state per capita output.
  B) raises the growth rate in aggregate output.
  C) must reduce per capita consumption.
  D) must reduce the standard of living.

Question 2

What is approximately the growth rate of real GDP using base year 1?
 
  A) 13
  B) 20
  C) 33
  D) 39


meganlapinski

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


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