There are 8 questions. . Which of the following statements are true a)Capital output ratio is a ratio that shows the units of capital required to produce a unit of output over a given period of time.b)It is assumed that there is an indirect relationship between capital stock and GDP c) A certain proportion of income has to saved to replace worn out or impaired capital 2.Which of the following statements are true a) the growth rate of national income will be directly positively related to the savings ratio b)the greater the growth of that GDP will be positively related to the economy's capital-output ratio c)The more economies can save and invest, the faster they can grow. 3.(A) Assertion: the greater the growth of that GDP will be and inversely or negatively related to the economy's capital-output ratio (R) Reason: If the capital-output ratio is low, an economy can produce a lot of output from a little capital. Which is correct? Both A and R are right and R is the right explanation for A. Both A and R are right and R is the not theright explanation for A. A is right R is wrong. A is wrong R is right 4. If the savings rate is 20% and the capital-output ratio is 4%, then a country would grow at? 5. Which of the following statements are true a) Net saving ratio*nationalincome =capital output ratio * national income b) Net saving ratio* national income =capital output ratio *change in national income c) Net saving ratio* change in national income =capital output ratio * national income 6.Which of the folllowing statements are correct for Harrod Domar Growth model a)Investment =capital stock = capital output ratio *national income b) Investment =change in capital stock = capital-output ratio *national income c) savings=invesment 7. if 200 worth of capital equipment produces each 20 of annual output the capital-output ratio is? 8.Which of the following statements are true a) The rate of growth of GDP is the ratio of savings ratio to the capital-output ratio b) GDP is the ratio of net savings ratio to capita output ratio c) GDP is the ratio of savings to capital-output ratio