Question
Hello Please just tell me which one is the true answer. I d'ont really need explanation, just say a, b, c, or d I will
Hello Please just tell me which one is the true answer. I d'ont really need explanation, just say a, b, c, or d I will give you a great comment + likes. Thanks You
1 When f(k) is plotted, the slope of the line indicates :
a) output per unit of capital b) marginal product of labor c) output per worker d) marginal product of capital
2 Convergence theory states that:
a) Poor countries will be able to catch up with rich countries b) All countries will have per capita incomes that are relatively close c) All answers are correct d) Economic growth will stabilize at some level of stationary equilibrium
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