Multiple Choice
Growth in real GDP per-capita in Canada is roughly consistent with which of the following predictions of the Solow model?
A) a constant growth rate in the growth rate of the labour force
B) a steady increase in the savings rate
C) a convergence with lower income countries
D) convergence to a steady state level of real GDP per-capita
E) exogenous TFP growth at a constant rate
Correct Answer:
Verified
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