In the Neoclassical Growth Model,if Two Countries Are Exactly the Same

question 46

Multiple Choice

In the neoclassical growth model,if two countries are exactly the same but one has a lower permanent budget deficit,we would expect that country to have

• A)higher output,a higher capital-to-labor ratio,and higher output growth in the steady state.
• B)the same output and capital-to-labor ratio,but higher output growth in the steady state.
• C)higher output,the same capital-to-labor ratio,and the same output growth in the steady state.
• D)higher output,a higher capital-to-labor ratio,and the same output growth in the steady state.

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Definitions:

Weber's Test

A diagnostic test in audiology to detect unilateral (one-sided) conductive hearing loss and sensorineural hearing loss by comparing sound lateralization between the two ears.

Tuning Fork

A tool that vibrates at a fixed pitch when struck, used in medical examinations to assess hearing and vibratory sensation.

Mastoid Process

A protrusion of bone located behind the ear, part of the temporal bone of the skull.

Vesicular Lung Sounds

Normal breath sounds heard through a stethoscope, characterized by soft, rustling noises in the peripheral lung areas.