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Munze Munze
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6 years ago
Suppose the economy is initially in the steady state. A reduction in the depreciation rate (δ) will cause
A) an increase in K/N.
B) an increase in the growth rate in the long run.
C) a reduction in C/N.
D) all of the above
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Macroeconomics

Macroeconomics


Edition: 6th
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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6 years ago
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Munze Author
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6 years ago
Good timing, thanks!
jblazah
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This site is awesome
kamikazekota
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Brilliant ツ
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