When break-even investment is subtracted from investment per worker,the result is
A) the change in the capital-labour ratio.
B) saving.
C) the steady state.
D) capital stock dilution.
Correct Answer:
Verified
Q32: Describe the steady state in the Solow
Q33: Figure 8.2 Q34: The level of investment necessary to keep Q35: Figure 8.1 Q36: The break-even investment line becomes steeper when Q38: If the saving rate decreases,break-even investment will Q39: If the capital-labour ratio equals 1.5 in Q40: As the capital-labour ratio increases,break-even investment Q41: The labour input in the production function Q42: Labour-augmenting technological change refers to improvements in
A) increases
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