If a war destroys a large portion of a country's capital stock but the saving rate is unchanged, the solow model predicts that output will grow and that the new steady state will approach:

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.