The Change in Capital Stock Per Worker (∆K) May Be

question 29

Multiple Choice

The change in capital stock per worker (∆k) may be expressed as a function of s = the saving ratio, f(k) = output per worker, k = capital per worker, and δ = the depreciation rate, by the equation:

• A)∆k = sf(k)/δk.
• B)∆k = sf(k) × δk.
• C)∆k = sf(k) + δk.
• D)∆k = sf(k) - δk

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Definitions:

Intervening Variable

A variable that mediates the relationship between a dependent variable and an independent variable.

Hypothesis

A suggested rationale for an occurrence, offered as an initial basis for more detailed exploration.

Theory

An abstract set of ideas or principles that explains phenomena or aspects of the natural or social world.

Radical Behaviorists

Psychologists who follow a doctrine emphasizing the external behaviors of people and their reactions on a given situation, largely ignoring internal processes like cognition.