According to the Solow growth model,in the long-run steady state,all real aggregate quantities grow

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According to the Solow growth model, in the long-run steady state, all real aggregate quantities such as output, consumption, and investment grow at the rate of the exogenous growth rate of the labor force, denoted by "n". This means that the economy can only achieve sustained economic growth through technological progress, which increases productivity and output per worker (not through population growth). The savings rate "s" affects the level of investment, but not the rate of economic growth. Consumption per worker does not affect the rate of economic growth in the long-run steady state.

According to the Solow Growth Model,in the Long-Run Steady State,all