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I have 10 question. 7 multiple choice and 3 write answer. I really need help on my quiz and test please.
The growth rate of the capital/output ratio _________________ as the capital/output ratio gets larger.
does not change
equal 12
increases
decreases
The Solow model says that the faster productivity grows, the slower the capital/output ratio grows. This is because:
Productivity growth increase the size of the capital stock directly, but does not directly increase output
Productivity growth decreases the size of the capital stock directly, but does not directly increase output
Productivity growth has no effect on output, but does increase the capital stock directly
Productivity growth increases output, but does not directly increase the capital stock
The parameter measures what?
The share of GDP that is spent on new capital goods
The share of financial investments in total wealth
The share of income that is saved
The share of GDP that is spent on consumption
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