Question: Multiple Answer: The fertility rate in India declined from 5 . 9 in 1 9 6 0 to 2 . 2 in 2 0 2
Multiple Answer: The fertility rate in India declined from in to in contributing to slower population growth. According to SGM what will be the impact of slower population growth on the steadystate level of capital per worker and output per worker?
The steadystate level of output per worker will increase
It depends on the saving rate
The steadystate level of capital per worker will increase
It depends on the growth rate of technological innovation
The steadystate level of output per worker will decrease
It depends on the depreciation rate
The steadystate level of capital per worker and output per worker is determined by
The steadystate level of capital per worker will decrease
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
