A rise in the capital stock will lead to
A) higher long- term growth but short- term unemployment.
B) constant steady state output but faster economic growth in the long term.
C) higher short- term and higher long- term growth.
D) higher short- term growth but not long- term growth.
Correct Answer:
Verified
Q23: The position of the AS curve is
Q24: Which of the following stylised facts about
Q25: The rate of economic growth is equal
Q26: An increase in capital per worker will
Q27: Which of the following factors explain sustained
Q29: Human capital refers to_ that contribute to
Q30: Human capital refers to
A) those
Q31: The marginal capital/output ratio refers to
A) the
Q32: Long- term growth does not depend on
Q33: Supply- side policies are government policies
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