
Countries in which a relatively small fraction of output is channeled into investment tend to have a
A) relatively high rate of consumption.
B) relatively low rate of population growth.
C) relatively low standard of living.
D) relatively high level of capital stock.
E) relatively high level of government spending.
Correct Answer:
Verified
Q12: In an exogenous growth model,growth is caused
Q13: In Canada during the 1870-2004 period,the average
Q14: In the Malthusian model of the economy,
A)
Q15: On average,from 1960-2000,real GDP in Canada grew
Q16: In the Malthusian model,the population growth rate
Q18: Before the Industrial Revolution,standards of living differed
A)
Q19: Recent evidence suggests that output per worker
Q20: The Solow model emphasizes the role of
Q21: In the Malthusian model,when z increases,initially consumption
A)
Q22: An increase in savings can be brought
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