An increase in population growth will lead to a ________ in the steady-state capital—labor ratio and a ________ in output per worker
A) fall; fall
B) fall; rise
C) rise; rise
D) rise; fall
A
Economics
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Federal sources of revenue and outlays are shown in Figure 10.3
What will be an ideal response?
Economics
Suppose that when the price of oranges decreases, Sarita decreases her purchases of peaches. To Sarita,
A) oranges and peaches are normal goods. B) oranges and peaches are substitutes. C) oranges and peaches are complements. D) oranges and peaches are inferior goods.
Economics