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Multiple choice don't need detail answer

1. Assume a CobbDouglas production function, where the share of capital is 0.4. If capital grows by 1%, labour grows by 1.5%, and output grow 2.?96, by howI much does total factor productivity grow? A. 0.2%. B. 1.4 5%. C. 1.5 96. D. 2.5 '38. E. There is insufficient Information to calculate it. 2. The A5 curve becomes steeper whenever: A. potential output Increases. B. the marginal propensity to oonsume increases. (2. the Phillips Curve Iooe'l'ficient decreases. D. the Dkun's Iooe'l'ficient decreases. E. Both Aand C. 3. Domesc currency depreciates if: A. there are massive capital inflows. B. more international tourists visit the country. (I. there is an increase in imports. D. All of the above. E. None of the above. 4. Assume an endogenous grown-I model with a production function that in per capita terms can be written as y = 0.9k. If the savings rate iss = (1.2, the rate of growth of population is n = 0.03, and the rate of depreciation is d = 0.1, how high is the rate of growth of output per capita? A. 3% B. 13% C. 5% D. 15% E. There is not enough information to calculate it. Question 1: [4 marks] There is no tradeoff between unemployment and ination, even in the short run, if expectations are rational and policy changes are systematic. Question 1: [3 marks] According to the BelowSwan model, steady state consumption per capita will be higher in countries that [i} have better technology. til] less population growth, and {iii} have a higher saving rate