Suppose y = k1/2, total factor productivity is constant and equal to 1, s = 0.40, and d = 0.10. When the economy reaches the steady state, the capital-labor ratio is ________ of capital per worker

What type of relationship does the law of demand demonstrate?

A) direct B) positive C) inverse D) static

Nominal GDP is another term for

a. current dollar GDP. b. constant dollar GDP. c. adjusted dollar GDP. d. relative value GDP.