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If Ct Denotes Consumption, It Denotes Investment, and Yt Is

Question 16

Multiple Choice

If Ct denotes consumption, It denotes investment, and Yt is output, the resource constraint in the Solow model is:


A) Yt = Ct -It.
B) If C<sub>t</sub> denotes consumption, I<sub>t</sub> denotes investment, and Y<sub>t</sub> is output, the resource constraint in the Solow model is: A) Y<sub>t</sub> = C<sub>t</sub> -I<sub>t</sub>. B) . C) . D) . E) None of these answers is correct. .
C) If C<sub>t</sub> denotes consumption, I<sub>t</sub> denotes investment, and Y<sub>t</sub> is output, the resource constraint in the Solow model is: A) Y<sub>t</sub> = C<sub>t</sub> -I<sub>t</sub>. B) . C) . D) . E) None of these answers is correct. .
D) If C<sub>t</sub> denotes consumption, I<sub>t</sub> denotes investment, and Y<sub>t</sub> is output, the resource constraint in the Solow model is: A) Y<sub>t</sub> = C<sub>t</sub> -I<sub>t</sub>. B) . C) . D) . E) None of these answers is correct. .
E) None of these answers is correct.

Correct Answer:

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