An endogenous growth model predicts that if the rates of both population growth and saving increase, then the growth rate of GDP per capita will
A. increase
B. decrease
C. stay the same
D. temporarily increase, but then go back to its original level
E. either increase, decrease, or stay the same (we cannot say for sure)
查看答案
Which of the following policies does NOT affect the long-term growth rate of a nation?
A. investment tax credits or any other policy that reduces the cost of capital
B. an expansionary fiscal/expansionary monetary policy mix
C. increased funding for primary education
D. incentives to increase saving
E. more funding for research and development
A key assumption in an endogenous growth model with both labor and capital inputs in the production function is that
A. the share of capital is larger than the share of labor
B. the share of capital and labor have to be equal
C. better technology is a byproduct of more capital investment
D. there are no external returns to capital
E. long-run growth comes solely from technological progress
In a simple version of the Solow growth model with endogenous population growth, a country can escape the poverty trap by
A. lowering the savings rate and devoting more resources to consumption
B. lowering population growth
C. raising the savings rate
D. both A) and B)
E. both B) and C)
Separating private returns to capital from social returns to capital, that is, the idea that investment in capital may have positive spillover effects as new ideas and new ways of doing things can be easily copied by others, was first advocated by
A. Robert Barro
B. Robert Lucas
C. Robert Samuelson
D. Paul Solow
E. Paul Romer
微信支付 
支付宝支付