In the Very Long Run,the Level of Consumption Per Worker

question 45

Multiple Choice

In the very long run,the level of consumption per worker can grow continually if

• A)the saving rate continually falls.
• B)the population growth rate continually rises.
• C)productivity continually improves.
• D)the depreciation rate continually rises.

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Definitions:

Adjoining Lake

A body of water that is directly connected or next to a particular piece of land or property.

Tenancy in Common

A form of joint ownership of property where each owner holds an undivided interest in the property, and there is no right of survivorship.

Joint Tenancy

A form of property co-ownership that provides equal shares and rights to the property, with the right of survivorship upon a tenant's death.

Ownership

The legal right to possess, use, control, and dispose of an asset or property.