In the Solow model, if saving per worker initially exceeds investment per worker,
A) the economy will experience inflation.
B) the capital—labor ratio will increase.
C) investment per worker will decline.
D) saving per worker will decline.
B
Economics
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Explain how a government budget deficit might crowd out private investment
What will be an ideal response?
Economics
Refer to the table above. If the world price of trousers is $5 per pair, then which of the following statements is true?
A) All the four countries will import trousers. B) All the four countries will export trousers. C) Country A and Country D will export trousers, whereas Country B and Country C will import trousers. D) Country B and Country C will export trousers, whereas Country A and Country D will import trousers.
Economics