In the exogenous growth model if investment exceeds-08982
In the exogenous growth model, if investment exceeds depreciation, the capital stock will __________ and output will __________ until the steady state is attained.
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Mid Term - Quiz No.4.
In the exogenous growth model, if investment exceeds depreciation, the capital stock will __________ and output will __________ until the steady state is attained.
Increase; increase.
Increase; decrease.
Decrease; decrease.
Decrease; increase.
