If the saving rate is 1 (i.e., s = 1), we know that
A) K/N will be at its highest level.
B) Y/N will be at its highest level.
C) C/N = 0.
D) all of the above
D
You might also like to view...
A company's computer is classified as what account type
a. Expense b. Owner's Equity c. Fixed Asset d. Retained Earnings
Ownership of a necessary input creates what type of barrier to entry?
A) legal barrier to entry B) natural barrier to entry C) a public franchise D) a government license E) ownership barrier to entry
The tables above show the marginal costs and benefits from production of paper. If the market is perfectly competitive and unregulated, the equilibrium price is ________ per ton
A) $60 B) $70 C) $80 D) $90
The marginal income tax rate applies to
A) all income earned by a family. B) the income in the highest tax bracket reached. C) the income of the highest income U.S. taxpayers. D) the income received by people above the national average.