The idea that saving equals investment in the Solow model means that a steady state can be reached only when
A) s = k.
B) s = n + d.
C) sf(k) = (s + d)k.
D) sf(k) = (n + d)k.
D
Economics
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What factors would make you more sensitive or less sensitive to price when purchasing gasoline?
What will be an ideal response?
Economics
If Toby buys two goods and the prices of both goods increase by 50%
A) the budget constraint will be unchanged. B) the slope of the budget constraint stay the same. C) the slope of the budget constraint will decrease. D) the budget constraint will shift outward in a parallel fashion.
Economics