The capital deepening model developed by Robert Solow shows the links among which three items?
What will be an ideal response?
saving, depreciation, capital deepening
You might also like to view...
An increase in the price of good 2 will cause the demand curve for good 1 to shift out.
Answer the following statement true (T) or false (F)
Some economists argue that policymakers can use monetary and fiscal policy to reduce the severity of economic fluctuations. What are some things policymakers can do to boost the economy when aggregate demand is inadequate to ensure full employment?
Buyers and sellers acting in their own best interest generate outcomes that are in society's best interest when all of the following are true except:
A. buyers and sellers are informed. B. markets are inefficient. C. there are no external benefits. D. there are no external costs.
Refer to the production possibilities frontier in the figure above. Which production point is unattainable?
A) point a B) point b C) point c D) point e