Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 08, 2024

true or false, explain 1)An economy with no population growth and no technological progress will not experience economic growth. 2)In an economy with technological progress,

true or false, explain

1)An economy with no population growth and no technological progress will not experience economic growth.

2)In an economy with technological progress, the saving rate is irrelevant in the long-run. (3 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The End Of Poverty Economic Possibilities For Our Time

Authors: Jeffrey D Sachs, Bono

1st Edition

0143036580, 9780143036586

More Books

Students also viewed these Economics questions

Question

★★★★★

The fuel tank shown in the figure in shaped as a frustum of cone with r = 20 in., and H = 2r. Write a user-defined function (for the function name and arguments, use V = Volfuel (y)) that gives the...

Answered: 1 week ago

Question

★★★★★

A car traveling 88 km/h is 110 m behind a truck traveling 75 km/h. how long will it take the car to reach the truck?

Answered: 1 week ago

Question

★★★★★

18. Let X1,..., Xn be independent random variables having a common distribution function that is specified up to an unknown parameter . Let T = T (X) be a function of the data X = (X1,..., Xn). If...

Answered: 1 week ago

Question

★★★★★

In 2011, Borland Semiconductors entered into the transactions described below. In 2008, Borland had issued 170 million shares of its $1 par common stock at $34 per share. Required: Assuming that...

Answered: 1 week ago

Question

★★★★★

Huang Aerospace Corporation manufactures aviation control panels in two departments, Fabrication and Assembly. In the Fabrication department, Huang uses a predetermined overhead rate of $30 per...

Answered: 1 week ago

Question

★★★★★

Use the following to answer questions 20-22 At the beginning of the year; MB, Inc.'s allowance for uncollectible accounts had a beginning balance of $5,000. On January 22nd, MB wrote off the A/R from...

Answered: 1 week ago

Question

★★★★★

Southern Amusements Corporation had the following stockholders' equity on November 30: On December 30, Southern purchased 200 shares of treasury stock at $15 per share. Southern Amusements...

Answered: 1 week ago

Question

★★★★★

What is meant by "satisfying the customer" as a manager in a healthcare industry

Answered: 1 week ago

Question

★★★★★

CASE E Calculate Roger Blaine's minimum federal Tax Payable for 2020. Indicate any carry forwards available to him and his dependents and the carry forward provisions. Ignore any amounts Roger might...

Answered: 1 week ago

Question

★★★★★

Runde & Flanagan (2010) present their Four Rules for Conflict Management (Fig. 6.1, p. 221) and Schermerhorn (2011) outlines the Four Leadership Contexts and three types of Planned Change Strategies....

Answered: 1 week ago

Question

★★★★★

Post-closing Trial Balance of Premium Fabrics Private Limited for the year ended December 31, 2021 and 2022 are as follows: 2022 2021 Equities and Liabilities Issued and paid-up capital 5,000,000...

Answered: 1 week ago

Question

★★★★★

Why might some managers resist using a realistic job preview (RJP)? What evidence could you offer to convince such managers to use one?

Answered: 1 week ago

Question

★★★★★

What are the benefits of using multiple forms of media (such as recruiting ads, booklets, multimedia, online, and discussions with potential coworkers) in an RJP program?

Answered: 1 week ago

Question

★★★★★

Why is role ambiguity, role conflict, and role overload detrimental to the success of individuals and an organization?

Answered: 1 week ago

Previous Question Next Question