If we define the saving rate as
,output as
,and the depreciation rate as
,and if
,the economy is:
A)contracting.
B)at the steady state.
C)growing.
D)in its short-run equilibrium.
E)none of the above

Question

If we define the saving rate as 
,output as 
,and the depreciation rate as 
,and if 
,the economy is:
A)contracting. 
B)at the steady state. 
C)growing. 
D)in its short-run equilibrium. 
E)none of the above

Quizplus · Accepted Answer

The Answer of If we define the saving rate as 
,output as 
,and the depreciation rate as 
,and if 
,the economy is:
A)contracting. 
B)at the steady state. 
C)growing. 
D)in its short-run equilibrium. 
E)none of the above

If We Define the Saving Rate as