Does a higher rate of saving lead to higher growthtemporarily or indefinitely?

Q: Find the growth rates of the trend below and interpret

A: Answer is given below

Q: Let's assume that in a South American country, the nominal GDP went down by 1%, while, the price…

A: GDP is the value of final goods and services produced in the economy in an economic year.

Q: How do I calculate average percent growth of Real Per Capita GDP using FRED database for years…

A: The growth rate refers to the rate at which a variable changes in percentage terms from period to…

Q: Please explain the effect of public expenditure on economic growth?

A: According to the given question In simple words we can say that a public expenditure is an…

Q: miracle-growth economies often have very high investment. True or false ?

A: Economic miracle is a casual economic term for a time of sensational economic improvement that is…

Q: Why is the long run U.S. economic growth rate slowing?

A: The US market has been growing at a rate that hasn't been witnessed in decades.

Q: An emerging country has a real GDP of $1446.7 billion. After one year, real GDP has grown to $1534…

A:

Q: 2004 and 2014. This could be achieved if the economy grew at an average rate of at least 4.5% in the…

A: Answer in step 2

Q: Are remittances has a positive or negative correlation with economic growth? If YES, Why? If NO,…

A: Remittance refers to a payment of money that is transferred from one party to another party. in a…

Q: Discuss the difference between Neoclassical Growth Theory and New Growth Theory. What does new…

A: Neoclassical Growth Model New Growth Theory The Neoclassical Growth Theory is a financial model…

Q: Analyse the link between finance and economic growth.

A: Economic Growth Economic growth basically refers to an increase in the value of a country's goods…

Q: Q. 4 can someone help me to describe this line chart with include discussion on the relationship…

A: The relationship between the FDI and the growth would result in one of the major component of the…

Q: In the endogenous growth model, more time spent accumulating human capital implies A. more…

A: To find : What implies more time spent accumulating human capital.

Q: Are remittances has a positive or negative correlation with economic growth? If YES, Why? If NO,…

A: Remittance is the income which worker settled in aboard send to their families in their home…

Q: An increase in research productivity: Suppose the economy is on a balanced growth path in the Romer…

A:

Q: How does a fall in the growth rate of technology (g) affect equilibrium capital and consumption in…

A: Ramsey's model is model which is based on a neoclassical model which is made for the economic growth…

Q: Suppose an economy begins in steady state. By what proportion does per capita GDP change in the long…

A: Gross Domestic Product and How It Changes GDP is in a steady state when it normally has reached a…

Q: if a country does not have a large endowment of natural resources then they cannot achieve sustained…

A: It is not necessary that country should have large endowment of natural resources,then only it would…

Q: What creates or stimulates the rate of economic growth in the economy, in macroeconomics

A: In macroeconomics, the rate of economic growth comes from the demand side and supply side.…

Q: Since population growth is income growth in the steady state, is the only variable that affects the…

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

Q: If the economy has more capital than in the Golden Rule steady state, reducing the saving rate will…

A: The savings refers to the level of remaining amount after all the consumption expenditure are…

Q: An economy can be considered healthy if the Real GDP Growth Rate is than the Inflation Rate.

A: GDP refers to the all final value of good and services produced in the domestic territory of the…

Q: Define the term Compound Growth?

A: Answer - Compound Growth - It average growth rate for an investment . Here investment will be multi…

Q: In the Harrod-Domar model describe the effect of economic growth due to (a) increase in consumption…

A: The Harrod- Domar show that the economic growth is depends on the level of saving and capital output…

Q: Using the slow growth model, a higher savings rate produces a temporary increase in the growth rate,…

A: A steady-state is a state where the variables related to the process change after a specific time.

Q: The Accelerated and Shared Growth Initiative for South Africa (AsgiSA) was launched by Deputy…

A: *answer:    1.8 : Option d  Aggregate spending is less than output is the correct answer. Keynes…

Q: Given the information in the extract, the Simple Keynesian Macroeconomic Model concludes the…

A: * ANSER :-  * The OPTION D (Aggregate spending is less than output) is correct answer. * Explanation…

Q: Long-run economic growth can occur as a result of

A: Economic growth occurs as a result of increase in GDP.

Q: It would seem that a higher Steady State level of Y/L (y*) and K/L (k*) is a good thing. We know…

A: High savings leads to higher steady state but rate of savings of 80% to 90% is not good is explained…

Q: How is a steady state level of capital determined mathematically? Can use graphs to aid in…

A: The steady level of capital is an important concept of Solow model. The model was developed by…

Q: The long-run effects of an increase in the saving rate include...? a. a higher level of…

A: We assume that the factors of production have diminishing returns to scale. So if the savings rate…

Q: The Accelerated and Shared Growth Initiative for South Africa (AsgiSA) was launched by Deputy…

A: Here, various economic issues are arisen to deal with them and to enhance the economic growth. These…

Q: What is the role of guaranteed income as an instrument for activating domestic economic growth?

A: Meaning of Economic Growth: Economic growth refers to an increase in economic variables over a…

Q: How is the steady-state determined after considering the role of technological progress?

A: The Steady-state in the Solow model occurs when the key variables like level of capital and output…

Q: Does a hi~her rate of saving lead to higher growthtemporarily or indefmitcly?

A: Savings is defined as after-tax income minus consumption in economics.  The average propensity to…

Q: if real GDP grows at an annual rate of 3.4% and the population grows at an annual rate of 1.6% then…

A: Real GDP per capita = real GDP / Population So, Growth in Real GDP per capita = Growth in real GDP -…

Q: At an annual growth rate of 2% it will take approximately years for a country's GDP to double. Over…

A: Meaning of Gross Domestic Product (GDP): The term gross domestic product refers to the situation…

Q: .At an annual growth rate of 7 percent, real GDP will double in about. a. 11.5 years. b. 10 years.…

A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…

Q: If the GDP (t) of Japan is $997.50B today and this country is expecting its GDP (t+1) to be $1,076.9…

A: Given the present GDP of Japan = $997.50 Expected GDP = $1076.9