If an economy is initially in a steady state and it experiences an
increase in its saving rate, then the steady-state capital stock will
____
A: fall.
B: stay the same.
C: rise.
D: rise only if depreciation also rises.
increase in its saving rate, then the steady-state capital stock will
____
A: fall.
B: stay the same.
C: rise.
D: rise only if depreciation also rises.
举一反三
- Some inventory taken by the owner of a business has not yet been recorded. When this transaction is recorded: A: Profit will rise and net assets fall. B: Profit will rise and net assets stay the same. C: Profit will fall and net assets rise. D: Profit will fall and net assets stay the same.
- The idea of a steady state is that A: the capital-labor ratio grows at a constant rate B: output per capita grows at a constant rate C: output, capital, and labor all grow at the same rate D: an increase in the savings rate will not affect the capital-labor ratio E: real output cannot grow
- An economy’s golden rule steady state consumption cannot be automatically achieved. ()
- When a country's currency depreciates against the currencies of major trading partners A: the country's exports tend to rise and imports fall. B: the country's exports tend to fall and imports rise. C: the country's exports tend to rise and imports rise. D: the country's exports tend to fall and imports fall.
- 4 Complete the sentences on the right. The meaning must stay the same. ► There has been a sharp fall in sales. Sales have fallen sharply. 1 There was significant growth in sales. Sales ________. 2 There was a gradual rise in the price. The price ________. 3 There was a slight fall in profits. Profits ________. 4 There has been stability in costs. Costs have remained ________. 5 There has been a steady rise in sales. Sales have ________.