29)Which of the following statements is true about the Solow model in the long run? (choose one)

- The standards of living of a country depend on the savings rate but not on the population growth

- The standards of living of a country depend on population growth but not on the savings rate.

- The standards of living of a country depend on neither population growth nor the savings rate.

- The standards of living of a country depend on the savings rate and population growth.

30)
Assume the two-sided search model. In the Nash bargaining solution: (choose one)

-Wage is decreasing in UI benefits.

-Wage is increasing in UI benefits.

-UI benefits have an ambiguous effect on wages

-Wage is not affected by UI benefits.

Jun 10, 2022

29)Which of the following statements is true about the Solow model in the long run? (choose one) - The standards of living of a country depend on the savings rate but not on the population growth -...