Economics?

Question

Suppose that two countries, A and B, have the same rates of investment and depreciation, the same levels of productivity, and the same levels of output per worker. They differ, however, in their rates of population growth. Teh growth rate of population in Country A is greater than in Country B. According to the Solow model which country should have a higher growth rate of output per worker? Explain your answer.

Answer 1

1. (used with a sing. verb) The social science that deals with the production, distribution, and consumption of goods and services and with the theory and management of economies or economic systems.
   2. (used with a sing. or pl. verb) Economic matters, especially relevant financial considerations: "Economics are slowly killing the family farm" (Christian Science Monitor).