Based on our understanding of the model presented in chapter 11, which of the following will cause a permanent increase in growth?

A) an increase in education spending
B) an increase in the saving rate
C) an increase in capital accumulation
D) all of the above
E) none of the above

E

Economics

You might also like to view...

A negative network externality causes demand to become:

A. unit elastic. B. perfectly inelastic. C. less elastic. D. more elastic.

Economics

Refer to Figure 18-1. The sales tax revenue collected by the government is represented by the area

A) B + C + F + G. B) E + H. C) F + G. D) B + C.

Economics