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

question 14

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:

Nervous System

The complex network of nerve cells and fibers that transmits nerve impulses between parts of the body, coordinating its actions and sensory information.

Autonomic Nervous

This refers to the autonomic nervous system, which regulates involuntary bodily functions such as heart rate, digestion, and respiratory rate.

Somatic Nervous

Part of the peripheral nervous system that controls voluntary movements of the body and transmits sensory information to the central nervous system.

Peripheral System

Refers to the peripheral nervous system, which consists of all the nerves that branch out from the brain and spinal cord (central nervous system) to the rest of the body, facilitating communication between the CNS and the limbs and organs.