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? asked in Social ScienceEconomics · 2 weeks ago

How does an economy reach its “Golden Rule” path for long-run consumption per person?

2 Answers

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  • Oiy
    Lv 7
    1 week ago

    When the GDP growth rate is equal the capital and labor growth rate. In layman term, when you find the golden eggs.

  • ?
    Lv 5
    2 weeks ago

    Prosperity is something you grow how you grow it is always in question but much of our problems are NOT of our own making but of others trying to save the world and doing it at our expense which is more than just money but actual wealth, it's old and it is tiring and it is also over one way or the other and right now the other is the path everyone is on but you are in the begging of that road whether or not you take the turn off is in your hands not ours...

    N.Shadows

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