If both a buyer and a seller have the same information, they are said to have symmetric information

The implication of the Solow model is that for sustained growth:

A) the ratio of savings rate to depreciation rate should be constant as the economy grows over time. B) the ratio of savings rate to depreciation rate should increase as the economy grows over time. C) the ratio of capital stock to GDP should decreases the economy grows over time. D) the ratio of capital stock to GDP should be constant as the economy grows over time.

Production inefficiency is most likely to occur when the principal has more information about work performance than the agent does

Indicate whether the statement is true or false