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Andre45 [30]
3 years ago
13

Consider an economy that is in steady state according to the Solow model. Now suppose that a temporary foreign aid program build

s a new road between two major cities. This change will:
a. Increase capital per worker permanently, followed by temporary positive growth.
b. Increase capital per worker permanently, followed by temporary negative growth.
c. Increase capital per worker temporarily, followed by temporary positive growth
d. Increase capital per worker temporarily, followed by temporary negative growth
Business
2 answers:
AveGali [126]3 years ago
6 0

Answer:

B

Explanation:

Increase capital per worker permanently, followed by temporary negative growth.

Meaning the capital per worker will increase but may be followed by a temporary decrease in the GDP

skelet666 [1.2K]3 years ago
3 0

Answer:B

Explanation:

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Elis [28]

Answer:

the farmer gained 6 hours worth of production and the rancher gained 8 hours worth of production.

Explanation:

                 Labor Hours to Make 1 lb. of        lbs. Produced in 24 Hours

                  Pork                  Tomatoes              Pork            Tomatoes

Farmer        6                            3                       4                       8

Rancher     4                            4                       6                      6

If both decide to specialize in producing only one good, the farmer will produce 8 pounds of tomatoes per day and the rancher will produce 6 pounds of pork per day.

This way when the rancher trades 4 pounds of pork in exchange for 6 pounds of tomatoes, he is gaining 2 pounds of pork which is equivalent to 8 labor hours.

When the rancher trades 6 pounds of tomatoes in exchange for 4 pounds of pork, he is gaining 2 pounds of tomatoes which is equivalent to 6 labor hours.

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3 years ago
Helena mentions that she might "allocate one-third of the revenue that I get from e-commerce into the cost for e-commerce." Whic
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Answer: The correct answer is a).This is an operational plan.

Explanation:

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In this case, the facility that allows the user to speak into a special device while typing a letter using computer is called a mobile speaker.

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