The output per person.

Question

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Answer 1

Question

Chapter 9, Problem 1QQ

To determine

The output per person.

Expert Solution & Answer

Answer to Problem 1QQ

Option (c) is the correct answer.

Explanation of Solution

Option (c):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person would grow at 3 percent. Thus, option (c) is correct.

Option (a):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 1 percent. Thus, option (a) is incorrect.

Option (b ):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 2 percent. Thus, option (b) is incorrect.

Option (d):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 4 percent. Thus option (d) is incorrect.

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Answer 2

Question

Chapter 9, Problem 1QQ

To determine

The output per person.

Expert Solution & Answer

Answer to Problem 1QQ

Option (c) is the correct answer.

Explanation of Solution

Option (c):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person would grow at 3 percent. Thus, option (c) is correct.

Option (a):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 1 percent. Thus, option (a) is incorrect.

Option (b ):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 2 percent. Thus, option (b) is incorrect.

Option (d):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 4 percent. Thus option (d) is incorrect.

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Answer 3

Question

Chapter 9, Problem 1QQ

To determine

The output per person.

Expert Solution & Answer

Answer to Problem 1QQ

Option (c) is the correct answer.

Explanation of Solution

Option (c):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person would grow at 3 percent. Thus, option (c) is correct.

Option (a):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 1 percent. Thus, option (a) is incorrect.

Option (b ):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 2 percent. Thus, option (b) is incorrect.

Option (d):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 4 percent. Thus option (d) is incorrect.

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Answer 4

Question

Chapter 9, Problem 1QQ

To determine

The output per person.

Expert Solution & Answer

Answer to Problem 1QQ

Option (c) is the correct answer.

Explanation of Solution

Option (c):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person would grow at 3 percent. Thus, option (c) is correct.

Option (a):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 1 percent. Thus, option (a) is incorrect.

Option (b ):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 2 percent. Thus, option (b) is incorrect.

Option (d):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 4 percent. Thus option (d) is incorrect.

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Answer 5

Chapter 9, Problem 1QQ

To determine

The output per person.

Expert Solution & Answer

Answer to Problem 1QQ

Option (c) is the correct answer.

Explanation of Solution

Option (c):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person would grow at 3 percent. Thus, option (c) is correct.

Option (a):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 1 percent. Thus, option (a) is incorrect.

Option (b ):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 2 percent. Thus, option (b) is incorrect.

Option (d):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 4 percent. Thus option (d) is incorrect.

Answer 6

Chapter 9, Problem 1QQ

To determine

The output per person.

Expert Solution & Answer

Answer to Problem 1QQ

Option (c) is the correct answer.

Explanation of Solution

Option (c):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person would grow at 3 percent. Thus, option (c) is correct.

Option (a):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 1 percent. Thus, option (a) is incorrect.

Option (b ):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 2 percent. Thus, option (b) is incorrect.

Option (d):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 4 percent. Thus option (d) is incorrect.

Answer 7

Chapter 9, Problem 1QQ

To determine

The output per person.

Answer 8

Expert Solution & Answer

Answer to Problem 1QQ

Option (c) is the correct answer.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Explanation of Solution

Option (c):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person would grow at 3 percent. Thus, option (c) is correct.

Option (a):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 1 percent. Thus, option (a) is incorrect.

Option (b ):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 2 percent. Thus, option (b) is incorrect.

Option (d):

When the rate of population growth is 1 percent, the rate of technological progress is 3 percent, the depreciation is 5 percent and the saving rate is 10 percent, the output per person will not grow at 4 percent. Thus option (d) is incorrect.

Answer 12

Ch. 9.A - Prob. 1PA Ch. 9.A - Prob. 2PA Ch. 9.A - Prob. 3PA Ch. 9 - Prob. 1QQ Ch. 9 - Prob. 2QQ Ch. 9 - Prob. 3QQ Ch. 9 - Prob. 4QQ Ch. 9 - Prob. 5QQ Ch. 9 - Prob. 6QQ Ch. 9 - Prob. 1QR

The output per person.

The output per person.

Answer to Problem 1QQ

Explanation of Solution

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Chapter 9 Solutions