The long run equilibrium level of national income is the level at whic – McqOptions

MCQOPTIONS

1.	The long run equilibrium level of national income is the level at which ?
A.	economic growth is Zero
B.	All investment is used in the manufacturing sector
C.	Economic growth is growing
D.	All investment is used to maintain the existing capital stock at its current level
Answer» E.

Discussion

No Comment Found

Related MCQs

The theory that explains business cycles by the dynamic interaction of consumption and investment demand is the ?
The percentage of the working age population that is part of the workforce is known as the ?
The neoclassical theory of growth identifier the steady state rate of growth as the ____ just sufficient to keep _____ constant while labor grows?
The multiplier accelerator model assumes ____ depends on ______?
The long run equilibrium level of national income is the level at which ?
The impossibility of negative gross investment provides a ______ to fluctuation in ______?
The idea of convergence of GDP in Europe suggests that ?
The growth rates of economies tend to converge because ________ is easier when capital per worker is low and because of?
The growth path resulting from technological progress for a given saving rate is known as the ?
The golden-rule saving rate is the rate of saving that ?