Each of the Following Statements Is True Except

Each of the following statements is true except

A) balanced growth occurs when the labor force, capital stock, and real output all grow at the same rate.
B) Solow showed that the balanced growth path is stable: If the economy is off a balanced growth path, it will naturally tend to return to that path.
C) a higher population growth rate lowers GDP per capita, in the Solow growth model, but does not permanently lower the growth rate.
D) all of the above.
E) none of the above.