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

question 9

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 per person is

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

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Definitions:

Single Trait

A focus on one specific characteristic or quality that is thought to influence behavior or performance significantly in a particular context.

Intellectual Openness

The willingness to consider and engage with ideas and knowledge that differ from one's own perceptions and beliefs.

Self-motivation

Refers to the ability of an individual to initiate and persist at a task or goal without external encouragement or reward.

Emotional Intelligence

The ability to recognize, understand, and manage one's own emotions and the emotions of others in productive and empathetic ways.