Georg, a German citizen, just purchased 10 shares of stock in Microsoft, a U.S. company. This purchase is an example of

In the endogenous growth model presented in the text,

A) consumption grows faster than human capital. B) human capital grows faster than consumption. C) both consumption and human capital grow at the same rate. D) neither consumption nor human capital grows in the steady state.

Charting observations on a semi-logarithmic graph will help the analyst to ascertain whether

A) absolute changes from period to period are constant. B) whether percentage changes from period to period are constant. C) whether percentage changes from period to period are declining. D) Both B and C