Which of the Following Will Cause an Increase in the Steady-State

question 29

Multiple Choice

Which of the following will cause an increase in the steady-state growth rate of capital?

• A)an increase in the saving rate
• B)an increase in the population growth rate
• C)a temporary increase in technological progress
• D)all of the above
• E) none of the above

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Definitions:

Event

An occurrence or happening, particularly one of significance, that can be distinctly identified in time and space.

Probability

The quantification of the chances that a specific event will take place.

Disjunction

A logical operation that yields truth if at least one of its operands is true; often represented by the word "or".

Negation

The logical operation that inverts the truth value of a statement or proposition.