An increase in the __________ leads to a higher steady-state capital stock;and a decline in __________ leads to a lower steady-state capital stock.
A)saving rate;depreciation rate
B)saving rate;productivity
C)productivity;the initial capital stock
D)depreciation rate;the labor stock
E)none of the above

Question

Quizplus · Accepted Answer

The Answer of An increase in the __________ leads to a higher steady-state capital stock;and a decline in __________ leads to a lower steady-state capital stock.
A)saving rate;depreciation rate
B)saving rate;productivity
C)productivity;the initial capital stock
D)depreciation rate;the labor stock
E)none of the above

An Increase in the __________ Leads to a Higher Steady-State