The Solow growth model ignores:
A) the international sector.
B) the role of government.
C) changes in labour force participation.
D) all of the above.
Correct Answer:
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Q53: Figure 3.1 Q54: In the Solow growth model the economy Q55: In the Solow growth model the steady Q56: The Solow growth model shows that the Q57: The Solow growth model shows that the Q58: What do constant returns to scale imply? Q59: The Solow growth model assumes unemployment is: Q61: What is the growth account formula and Q62: What is the key equation of the Q63: Show why real saving equals net investment.
A)zero.
B)falling.
C)rising.
D)constant.
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