If the Population Growth Rate Is 2%, the Incremental Capital

question 23

Multiple Choice

If the population growth rate is 2%, the incremental capital output ratio is 3, the saving ratio is 24%, and the depreciation rate is 5%, the rate of growth of income is

• A)1%.
• B)2%.
• C)3%.
• D) 5%.
• E) 8%.

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Definitions:

Recital

A performance by a soloist or small group, typically in the context of music or dance, showcasing the performers' skills.

Rewarding

Providing a positive response to a behavior, making it more likely to occur again in the future.

Cortical Arousal

The activation level of the brain's cortex, affecting alertness and responses to stimuli; linked to differences in personality traits.

Sensitivity To Stimulation

Refers to the degree of responsiveness or reaction to environmental or sensory stimuli, varying significantly among individuals.