The Solow model suggests that, to improve a country's standard of living in the long run,

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The Solow model shows that production technology is the key to improving a country's standard of living in the long run. This is because improvements in technology increase total factor productivity, which leads to higher output and higher incomes for workers. Education (choice A) can also be important for increasing productivity, but it is not the only factor. Finding more natural resources (choice B) might lead to short-run growth, but in the long run, it is technology that matters. And standards of living (choice D) are a result of increased productivity, not a cause of it. Total factor productivity must increase, not decline (choice E), to improve a country's standard of living in the long run.

The Solow Model Suggests That, to Improve a Country's Standard