In the neoclassical theory of growth a higher saving rate leads to ?

Related Mcqs:

Economic growth is important because ?

A. People want less crime B. People want to be happier C. People want a better environment D. People want higher incomes and more consumer goods....

Real business cycles are cycles in ?

A. potential output B. actual output C. real output D. international trade...

The business cycle is not transmitted from one country to another through ?

A. private sector imports and exports B. economic policy C. the duration of compulsory education D. labor supply changes...

The belief that the rate of growth depends upon technological progress facilitated by institutions incentives and government is known as ________ growth theory?

A. endogenous B. exogenous C. beta D. convergence...

Governments can stimulate productivity by ?

A. Imposing higher taxes on capital B. encouraging more labour intensive work to reduce unemployment C. reducing spending in education D. encouraging private investment...