If the saving rate decreases,break-even investment will be ________ than investment,and the capital-labour ratio will ________.
A) greater; increase
B) greater; decrease
C) less; increase
D) less; decrease
Correct Answer:
Verified
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 Q37: When break-even investment is subtracted from investment 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 Q43: A nation's growth rate will most likely
A) increases
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