QUESTION 11 In the endogenous growth model with human capital accumulation, which of the following conditions is sufficient to maintain a positive growth rate of consumption? OA. bu > 1 O B. B(T-u) > 1 OC K1-u) > 0 OD. bu <0
QUESTION 11 In the endogenous growth model with human capital accumulation, which of the following conditions is sufficient to maintain a positive growth rate of consumption? OA. bu > 1 O B. B(T-u) > 1 OC K1-u) > 0 OD. bu <0
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:QUESTION 11
In the endogenous growth model with human capital accumulation, which of the following conditions is sufficient to maintain a positive
growth rate of consumption?
OA. bu > 1
O B. B(1-u) > 1
OC KI-u) >0
O D. bu <0
QUESTION 12
In the endogenous growth model with human capital accumulation, reducing the fraction of time devoted to working will
O A. have no effect on initial consumption but raise the growth rate of future consumption
OB.
lower initial consumption but raise the growth rate of future consumption
OC have no effects on initial consumption and future consumption
O D. will lower initial consumption and slow down the growth of future consumption
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