According to the endogenous growth model with human capital, what can we say about countries with more efficient schools?
A) They are richer.
B) They are richer and grow faster.
C) They are richer and grow more slowly.
D) They grow faster.
D
Economics
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All else equal, if autonomous consumption ________, the value of the multiplier remains constant
A) increases B) decreases C) remains constant D) all of the above
Economics
All else equal, when interest rates ________, the duration of a coupon bond ________
A) rise; falls B) rise; increases C) falls; falls D) falls; does not change
Economics