The break-even investment line becomes steeper when the depreciation growth rate ________ or the labour force growth rate ________.
A) increases; decreases
B) increases; increases
C) decreases; increases
D) decreases; decreases
Correct Answer:
Verified
Q31: If d = the depreciation rate,n =
Q32: Describe the steady state in the Solow
Q33: Figure 8.2 Q34: The level of investment necessary to keep Q35: Figure 8.1 Q37: When break-even investment is subtracted from investment 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
A) increases
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