Answer:
True. The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation:
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
The correct answer is option c)
This economy is on its balanced growth path when an exogenous permanent increase in the depreciation rate occurs, there will be an immediate growth effect.
Recall that population growth in the Solow model does not contribute to per capita income growth, which depends solely on the growth of (exogenous) technology. in Romer's model, population growth could be the source of her per capita income growth.
In the short run, increased savings and investment boost national income and output growth. Solow analyzes how increased savings and investment affect long-term economic growth. In the short run, higher savings and investment lead to higher national income and output growth in the short run.
The Solow growth model is an exogenous model of economic growth that analyzes changes in an economy's output levels over time as a result of changes in the rate of population growth, savings, and technological progress.
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The answer is Early Adopter.
The term "early adopter" refers to an individual or business who uses a new product, innovation, or technology before others.
In other words, an early adopter is an individual who almost always buys new products in a given product category.
Early adopters, therefore, form a category of consumers particularly favorable to the adoption of new products or new technologies.
As part of targeted marketing actions, they can play a driving role in the launch and adoption of a new product, service, or online offer.
For instance, Early adopters are often the first market for a high-tech product in the launch phase.
Hence, An individual or company purchaser that sees the benefits-to-status-quo ratio of a new product or service better than the average customer is an Early adopter.
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