In the Neoclassical Growth Model,decreases in the Population,other Things Being

question 47

Multiple Choice

In the Neoclassical growth model,decreases in the population,other things being equal,would eventually result in

• A)decreasing GDP and falling living standards.
• B)decreasing GDP and increasing living standards.
• C)increasing GDP and falling living standards.
• D)increasing GDP and increasing living standards.
• E)increasing savings and increasing living standards.

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