If We Define the Saving Rate As $\bar { s }$

question 106

Multiple Choice

If we define the saving rate as $\bar { s }$ , output as $F \left( K _ { t } , \bar { L } \right)$
, and the depreciation rate as $\bar { d }$
, and if $\bar { s } F \left( K _ { 2 } , \bar { L } \right) - \bar { d } K _ { t } = 0$
, the economy is:

• A) contracting
• B) growing
• C) at the steady state
• D) in its short-run equilibrium
• E) None of these answers are correct.

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Definitions:

Organic Chemistry

Organic Chemistry is the branch of science dealing with the structure, properties, composition, reactions, and synthesis of carbon-containing compounds.

Memory Trace

The theoretical concept referring to the physical change in the brain that represents the imprint of an experienced event or piece of information.

Motivated Forgetting

A psychological phenomenon whereby individuals unconsciously block memories of traumatic or disturbing events or information.

Source Amnesia

Faulty memory for how, when, or where information was learned or imagined. (Also called source misattribution.) Source amnesia, along with the misinformation effect, is at the heart of many false memories.