The growth path resulting from technological progress for a given saving rate is known as the ?

Related Mcqs:

The golden-rule saving rate is the rate of saving that ?

A. gets the highest rate of interest B. maximizes the level of long-run investment C. maximizes the level of long-run consumption D. maximizes human capital...

The percentage of the working age population that is part of the workforce is known as the ?

A. workers B. non-slackers C. diligent rate D. participation rate...

Potential output can be increased by ____ or by ______?

A. increasing the use of labor increasing the use of land B. increasing the use of capital increasing the use of labour C. increasing the use of land increasing the use of capital D. increasing the use of all inputs, technical advances...

A combined measure of productivity that takes account of both labor and capital productivity is known as ?

A. total exploitation B. labour/capital productivity C. total factor productivity D. total productivity...

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...