Which of the Following Is Always True After an Economy

question 34

Multiple Choice

Which of the following is always true after an economy reaches a balanced growth equilibrium?

• A)the growth rate of output equals the rate of depreciation
• B)population growth is zero
• C)the growth rate of capital is equal to the growth rate of the effective work force
• D)the growth rate of capital is equal to the savings rate
• E) none of the above

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Definitions:

Unconscious

The segment of the mind that remains beyond the reach of conscious awareness yet influences actions and feelings.

Rationalisation

A defense mechanism in which controversial behaviors or feelings are justified and explained in a seemingly rational or logical manner to avoid the true explanation.

Unacceptable Behaviour

Actions or conduct deemed inappropriate or offensive in a given social context or by societal standards, warranting disapproval or correction.

False Excuse

A fabricated or insubstantial reason given to justify an action or decision.