In the Solow growth model, given the values of A, s, n, and d, the economy has an equilibrium growth rate of real GDP per capita, (Y/N), equal to
A) n.
B) n - d.
C) s - n.
D) (s - d)/n.
E) zero.
E
Economics
You might also like to view...
Which of the following is part of the secondary market?
A) the over-the-counter market B) NASDAQ C) New York Stock Exchange D) all of these
Economics
If production displays diseconomies of scale, the long-run average cost curve is
A) above the long-run marginal cost curve. B) downward sloping. C) above the short-run average total cost curve. D) upward sloping.
Economics