Assume Two Economies Are Identical in Every Way Except That

question 70

Multiple Choice

Assume two economies are identical in every way except that one has a higher saving rate.According to the Solow growth model,in the steady state the country with the higher saving rate will have ______ level of total output and ______ rate of growth of output per worker as/than the country with the lower saving rate.

• A) the same; the same
• B) the same; a higher
• C) a higher; the same
• D) a higher; a higher

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Definitions:

Structural Analyses

The examination of the structural elements or principles of a conceptual, physical, or social structure.

Good Woman Assumption

The presumption that a woman is inherently good, often used in societal contexts to justify leniency or special treatment based on gender stereotypes.

Marriageable Women

Women who are of suitable age and social standing to be considered eligible for marriage.

Civil Rights Oppressors

Individuals or institutions that actively deny or inhibit the civil rights of others, typically through discriminatory practices or policies.