Figure 4.1
Determinants
of k/k
-In Figure 4.1, if the technology improves, then:
A) the steady-state capital stock increases.
B) the steady-state growth in capital per worker increases.
C) the steady-state growth in output per worker increases.
D) the population growth rate increases.
Correct Answer:
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Q50: What are the long and short run
Q51: Figure 4.1 Q52: Convergence will not happen if economies around Q53: Why does the Solow growth model show Q54: When converging economies: Q55: Convergence of economies is the tendency according Q56: Convergence will not happen if economies around Q57: What are the long run and short Q58: Figure 4.1 Q59: What are the long and short run
Determinants
of
A)have the same growth rate
Determinants
of
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