The growth path resulting from technological progress for a given saving rate is known as the ?
A. Steady state growth path
B. Steady state invention rate
C. Steady state level of output
Unsteady state growth path
A. Steady state growth path
B. Steady state invention rate
C. Steady state level of output
Unsteady state growth path
A. Affordable method
B. Percentage of Sales method
C. Competitive parity method
D. Objective and task method
A. output in the market tends to fall because each firm must cut back on production
B. the price in the market moves further from marginal cost
C. collusion is more likely to occur because a larger number of firms can place pressure on any firm that defects
D. The price in the market moves closer to marginal cost
A. A decrease in the government budget deficit increase the real interest rate
B. An increase in the government budget deficit shifts the supply of loanable funds to the right
C. An increase in private saving shifts the supply of loanable funds to the left
D. An increase in the government budget deficit shifts the supply of loanable funds to the left
A. statistical discrepancy
B. balance of payments
C. balance of trade
D. trade deficit
A. Mainly to Korean equities
B. Mainly to international equities
C. Mainly to Japanese equities
D. Mainly to US equities
A. tastes and preferences
B. technology levels
C. factor indowments
D. Both A and B