Suppose that the government passes a law requiring households to increase savings 10% above previous levels. According to Solow's growth theory, in the short run
A) output per capita grows more rapidly.
B) output per capita grows at the constant steady state rate, n.
C) output per capita stays constant.
D) None of the above.
A
Economics
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"All Americans should have access to health care" is an example of
A) a positive statement. B) a microeconomic argument. C) a factual statement. D) a normative statement.
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