In the Romer Model

question 28

Multiple Choice

In the Romer model.as more labor is devoted to research and development ________.

• A)there is an immediate decrease in output per capita
• B)there is an immediate increase in output per capita
• C)output per capita is unaffected,but the savings rate begins to rise
• D)output per capita is unaffected,but the savings rate begins to fall

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Definitions:

State Court Judges

Judicial officers who preside over matters within their respective state courts, ruling on civil and criminal cases according to state law.

Elected

Chosen by voters to hold a specific public office or position through a formal voting process.

Appointed

Selected or designated for a position or duty, often by an authority or through a formal process.

Reversible Error

A legal error at the trial court level that is significant enough to have affected the outcome of the case. It is grounds for reversal of the judgment on appeal.