题目内容

In the neoclassical growth model, an increase in the savings rate

A. raises the steady-state level of output
B. lowers the steady-state level of output
C. raises the long-term economic growth rate
D. lowers total factor productivity
E. both A) and C)

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From 1973 to 1992, by how much more did GDP grow in Japan than in the United States?

A. 0.1
B. 0.22
C. 0.36
D. 0.54
E. 0.66

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Which of the following countries had the lowest ratio of investment to GDP in 1992?

A. Japan
B. Norway
C. Singapore
D. Taiwan
E. United States

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Assume a Cobb-Douglas production function where the share of capital and labor is each 1/If the growth in total factor productivity is zero and labor and capital each grow by 2%, then

A. output growth is 4% and the marginal product of capital is Y/K
B. output growth is 2% and the marginal product of capital is Y/(2K)
C. output growth is 2% and the marginal product of labor is (2Y)/N
D. output growth is 1% and the marginal product of labor is Y/(2N)
E. output growth is 1% and the marginal product of capital is (2Y)/K

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Assume a Cobb-Douglas production function where the share of capital is 0.3 and the share of labor is 0.If capital grows by 1.5%, labor grows by 2%, and growth of total factor productivity is 1.2%, by how much does total output grow?

A. 0.047
B. 0.035
C. 0.0305
D. 0.0285
E. 0.012

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In the neoclassical growth model, an increase in the savings rate

A. raises the steady-state level of output B. lowers the steady-state level of output C. raises the long-term economic growth rate D. lowers total factor productivity E. both A) and C)

From 1973 to 1992, by how much more did GDP grow in Japan than in the United States?

Which of the following countries had the lowest ratio of investment to GDP in 1992?

Assume a Cobb-Douglas production function where the share of capital and labor is each 1/If the growth in total factor productivity is zero and labor and capital each grow by 2%, then

Assume a Cobb-Douglas production function where the share of capital is 0.3 and the share of labor is 0.If capital grows by 1.5%, labor grows by 2%, and growth of total factor productivity is 1.2%, by how much does total output grow?

A. raises the steady-state level of output
B. lowers the steady-state level of output
C. raises the long-term economic growth rate
D. lowers total factor productivity
E. both A) and C)