With Population Growth at Rate N and Labour-Augmenting Technological Progress

question 43

Multiple Choice

With population growth at rate n and labour-augmenting technological progress at rate g,the Golden Rule steady state requires that the marginal product of capital (MPK) :

• A) net of depreciation be equal to n + g.
• B) net of depreciation be equal to the depreciation rate plus n + g.
• C) plus n be equal to the depreciation rate plus g.
• D) plus g be equal to the depreciation rate plus n.

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Definitions:

Stigmas

entail societal labels that identify and devalue individuals or groups based on certain characteristics or behaviors, leading to discrimination and exclusion.

Persistent

Exhibiting a steadfast and determined continuation of actions despite difficulties, obstacles, or discouragement.

Stigmatised Outgroups

Groups that are socially devalued and discriminated against based on negative stereotypes or attributes.

Downward Comparison

A self-assessment strategy where individuals compare themselves to those who are worse off in order to feel better about their own situation.