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Please help will rate 13) A striking conclusion of the Solow model is that in the absence of productivity growth, in the long run A)

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13) A striking conclusion of the Solow model is that in the absence of productivity growth, in the long run A) the economy reaches a steady state. B) consumption per worker equals the capital stock per worker. C) consumption per worker equals output per worker. D) consumption per worker equals investment per worker. 14) Endogenous growth theory attempts to A) replace the Solow model with a model in which money growth plays a key role. B) explain how societies can more easily reach the "Golden Rule." C) show how population growth reduces capital and output. D) explain why productivity changes. 15) The sum of net exports of goods and services, net income from abroad, and net unilateral transfers equals A) the financial account balance. B) the balance of payments. 0) the current account balance. D) the balance on goods, services, and income. 16) In a large open economy like the United States, an increased government budget deficit which reduces national saving A) reduces investment and improves the current account balance. B) reduces investment and reduces the current account balance. C) has no effect on investment, but reduces the current account balance. D) has no effect on either investment or the current account balance. 17) An increase in lump-sum taxes, reducing the government budget deficit, causes the current account balance in an open economy to if Ricardian equivalence holds and to if Ricardian equivalence does not hold. A) not change; increase B) not change; decrease C) decrease; increase D) decrease; not change

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