In the Solow model, if productivity doesn't change,

A) the economy must eventually reach a steady state.
B) the capital—labor ratio must decline.
C) the capital—labor ratio must rise.
D) there can be no saving.


A

Economics

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Grocery shoppers who willingly pay high prices at one supermarket to avoid long lines at the check-out counter of another supermarket with lower prices demonstrate, through their actions,

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The mean (average) of 5 numbers is 130. If one of the numbers is recorded incorrectly as 59 instead of 95, what would be the correct mean?

A) 126.52 B) 130 C) 137.2 D) 140

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The definition of gross domestic product is

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Economics