According to the neoclassical growth model: A. The equilibrium growth rate can never change B. The rate of population growth is negatively correlated with output per capita. C. A change in the savings rate does not affect a countrys welfare D. Savings and investments are never equal.
According to the neoclassical growth model: A. The equilibrium growth rate can never change B. The rate of population growth is negatively correlated with output per capita. C. A change in the savings rate does not affect a countrys welfare D. Savings and investments are never equal.
Chapter20: Growth And Less Developed Countries
Section: Chapter Questions
Problem 19SQ
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According to the neoclassical growth model:
A. The equilibrium growth rate can never change
B. The rate of population growth is negatively correlated with output per capita.
C. A change in the savings rate does not affect a countrys welfare
D. Savings and investments are never equal.
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