Figure 5.6 a.
an increase in the depreciation rate.
d.
a decrease in the capital stock.
b.
a positive TFP shock.
e.
both a and c.
c.
a decline in the saving rate.
-Research on the effects of war on economic growth demonstrates that following a war an economy recovers:

Question

Figure 5.6  a.
an increase in the depreciation rate.
d.
a decrease in the capital stock.
b.
a positive TFP shock.
e.
both a and c.
c.
a decline in the saving rate.
-Research on the effects of war on economic growth demonstrates that following a war an economy recovers:

Quizplus · Accepted Answer

Research indicates that economies tend to recover from the effects of war within one or two generations, although the exact timeline can vary depending on the extent of the damage and the specific circumstances of the country or region affected.

Figure 5.6 A