Which Statement Is Consistent with the Predictions of the Simple

question 149

Multiple Choice

Which statement is consistent with the predictions of the simple Solow model with no technological advancement?

• A) In the long run,economic growth is zero.
• B) In the long run,a higher capital stock raises economic growth.
• C) In the long run,rich countries grow faster than poor countries.
• D) In the long run,a higher saving rate reduces economic growth.

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Definitions:

Larger Society

The broader social context or community that encompasses smaller groups and individuals, often influencing norms, behaviors, and cultural trends.

Literary Work

Creative writing considered to have artistic or intellectual value, including novels, poetry, and plays.

Clear Expression

The act of conveying ideas, thoughts, or feelings in a way that is easy to understand.

Patriarchy

A social system in which males hold primary power, predominating in roles of political leadership, moral authority, social privilege, and control of property.