The Solow growth model indicates that the growth rate of real GDP per worker depends partly on the saving rate.
a. true
b. false
Answer: a. true
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One of the primary determinants of planned real investment spending is the
A) rate of real government spending. B) rate of real saving. C) expectation of future profits. D) rate of real consumption spending.
Basically the United States' high rate of population growth since the time of George Washington's presidency
A. has been a drag on the United States' rate of economic growth. B. pushed up the United States' rate of unemployment. C. created a growing problem of not enough food to feed everyone. D. provided a market for the United States' farmers and manufacturers.
The concept of______________ is central to the estimation of market value, primarily because it serves as the foundation for identifying comparable properties
Fill in the blank(s) with the appropriate word(s).
Exhibit 8-8 Consumption function
?
In Exhibit 8-8, which of the following could cause the movement from C1 to C2?
A. a decrease in real asset holdings B. lower interest rates C. expectations that the economy will grow D. expectations of lower future prices