In the Solow growth model, a change in the capital-labor ratio is equal to
A) (saving - investment).
B) saving + depreciation).
C) (investment - depreciation).
D) (capital stock - labor force).
C
Economics
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The demand curve that an individual competitive firm faces is known as its
A) excess demand curve. B) market demand curve. C) residual demand curve. D) leftover demand curve.
Economics
Individuals conscripted into military service _____
a. are forced to work for less than the market wage b. bear a heavy tax burden c. are not necessarily those with a comparative advantage in being a soldier d. all of the above
Economics