11. In an economy open to international trade where the interest rate at which saving and investment would be equal is the world real interest rate (A) above; a trade surplus ensues (B) below; a trade deficit ensues (C) above; there is a net capital outflow (D) below; there is a net capital inflow E) none of the above

20. Initially, the economy is at point B on Figure 5 above. According to the Solow growth model, an increase in the output per capital without an increase in capital per worker is represented by ______ and could be the result of ______. (A) the movement B to E; new technology discoveries (B) the movement B to H; improved health and education per worker (C) the movement B to C; an increase in the savings rate (D) the movement B to F; a decrease in the savings rate

相關試題

相關試卷