income growth in the steady state,is the only variable that affects the growth of the economy in theSince population growth issteady state.a.greater than; income growthequal to population growthmaler than income growthequal to income growth

In a steady state of economy we will find many observations :- Here the technical progress is…

Since population growth is income growth in the steady state, is the only variable that affects the growth of the economy in the steady state. greater than; income growth Ob. equal to population growth Omaler than income growth Oequal to income growth

Since population growth is income growth in the steady state, is the only variable that affects the growth of the economy in the steady state. greater than; income growth Ob. equal to population growth Omaler than income growth Oequal to income growth

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 2P

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Question

income growth in the steady state,
is the only variable that affects the growth of the economy in the
Since population growth is
steady state.
a.
greater than; income growth
equal to population growth
maler than income growth
equal to income growth

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