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iv. An economy that increases its saving rate will experience faster growth. (3 marks) at. AK is an exogenous growth model (3 marks) vi. Capital receipts and payments do not form part of current account under balance of payments ( 3 marks) vii. The Gini coefficient is the ratio of the area between the diagonal and the Lorenz curve and the total area beneath the diagonal. (3 marks) viii. The Lorenz curve that consists of the right angle axes represents perfect income equality ( 3 marks) ix. If a person is ready to work at the prevailing wage rate in the market, but he is unable to nd the work, then it would be called Seasonal unemploymen 3 marks)