The Golden Rule for achieving the highest sustainable long run level of consumption per capita is to equate
A) saving with investment
B) investment with depreciation
C) depreciation with the marginal product of capital
D) the marginal product of capital with saving
E) output with investment
Correct Answer:
Verified
Q24: If the rate of investment exceeds the
Q25: The Demographic transition is temporary because
A) higher
Q26: During the 20th century,convergence occurred most clearly
A)
Q27: The next questions refer to the following.
Consider
Q28: The next questions refer to the following.
Consider
Q30: The next questions refer to the following.
Consider
Q31: The Demographic transition is important for growth
Q32: The experience of Asia from 1960 to
Q33: Growth accounting for China demonstrates that
A) Unlike
Q34: For any economy with an existing capital
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