This topic contains a solution. Click here to go to the answer

Author Question: The saving rate has the following characteristic in Solow's exogenous growth model A) it ... (Read 82 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
The saving rate has the following characteristic in Solow's exogenous growth model
 
  A) it increases with output.
  B) it first decreases, then increases with output.
  C) it first increases, then decreases with output.
  D) it is constant.

Question 2

Consumers who do not consistently discount the future over time are likely to ________.
 
  A) under-report their taxable income
  B) be unprepared financially for retirement
  C) opt in to employer-sponsored savings plans
  D) make excessive sacrifices on behalf of their children



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Tonny

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

D

Answer to Question 2

B




Medesa

  • Member
  • Posts: 507
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

For a complete list of videos, visit our video library