and most weeks of unemployment are due Most spells of unemployment are unemployed. to the a. short, short-term b. long, long-term c. long, short-term d. short, long-term In the Solow growth model, technology is a. "capital enhancing", in other words it boosts the productivity of capital but not workers. b. "labor enhancing", in other words it boosts the productivity of workers but not capital. c. boosts the productivity of both workers and capital. d. increases output but does not affect the productivity of either labor or capital. In the Solow (very long run model) what happens to the steady state if n decreases? a. Steady state k increases and steady state output decreases. b. Steady state k decreases and steady state output decreases. c. Steady state k increases and steady state output increases. d. Steady state k decreases and steady state output increases.

and most weeks of unemployment are due Most spells of unemployment are unemployed. to the a. short, short-term b. long, long-term c. long, short-term d. short, long-term In the Solow growth model, technology is a. "capital enhancing", in other words it boosts the productivity of capital but not workers. b. "labor enhancing", in other words it boosts the productivity of workers but not capital. c. boosts the productivity of both workers and capital. d. increases output but does not affect the productivity of either labor or capital. In the Solow (very long run model) what happens to the steady state if n decreases? a. Steady state k increases and steady state output decreases. b. Steady state k decreases and steady state output decreases. c. Steady state k increases and steady state output increases. d. Steady state k decreases and steady state output increases.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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