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.
Correct Answer:
Verified
Q20: In the neoclassical model,an increase in the
Q21: In the neoclassical growth model,if two countries
Q22: Many rapidly developing countries in East Asia
Q23: International data suggests that countries with different
Q24: Robert Solow is one of the developers
Q26: According to Edward Denison,the United States has
Q27: In the neoclassical growth model,if two countries
Q28: Economies of scale refer to
A)costs rising as
Q29: In the neoclassical growth model without technological
Q30: According to Edward Denison,during the 1929 and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents