In a Neoclassical Model of Growth,an Increase in the Capital-Labour

question 47

Multiple Choice

In a neoclassical model of growth,an increase in the capital-labour ratio

• A)raises the amount of output each worker can produce for a given level of productivity.
• B)raises the amount of output per worker that must be devoted to investment.
• C)generates a trade-off between the higher output per worker and the higher investment per worker.
• D)all of the above.

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