If an Economy Is in a Steady State with No

question 47

Multiple Choice

If an economy is in a steady state with no population growth or technological change and the marginal product of capital is less than the depreciation rate:

• A) the economy is following the Golden Rule.
• B) steady-state consumption per worker would be higher in a steady state with a lower saving rate.
• C) steady-state consumption per worker would be higher in a steady state with a higher saving rate.
• D) the depreciation rate should be decreased to achieve the Golden Rule level of consumption per worker.

---

Definitions:

Sexual Response Cycle

The four phases—excitement, plateau, orgasm, and resolution—that make up the human sexual response in both males and females, according to Masters and Johnson.

Resolution Stage

The final phase in the conflict resolution process where an agreement is reached and the conflict is resolved.

Human Sexual Response

describes the physiological and psychological patterns humans experience during sexual activities, often divided into stages like arousal and orgasm.

William Masters And Virginia Johnson

Research partners in sexology who conducted pioneering research into the nature of human sexual response and the diagnosis and treatment of sexual disorders.