巴罗中级宏观经济学习题第3章.docVIP

Barro Chapter 3 TRUE/FALSE 1. The standard of living of people in a country is their per capita income. 2. Diminishing returns to labor implies that eventually the marginal product of labor will become negative. 3. The marginal product of capital is how much output changes when capital increases by one unit. 4. Saving is income that is not consumed. 5. Real saving equals gross investment. MULTIPLE CHOICE 1. World growth data shows that from 1960 to 2000: a. the US and other OECD countries grew at moderate rates. c. some countries particularly East Asian countries grew