At all points along the Solow growth curve, prices and wages are assumed to be perfectly flexible.

Name: At all points along the Solow growth curve, prices and wages are assumed to be perfectly flexible.
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The Solow growth model assumes perfect price and wage flexibility, meaning that prices and wages adjust instantly to changes in supply and demand. This assumption allows the model to focus on the long-run growth of the economy, rather than short-run fluctuations in output and employment.

At All Points Along the Solow Growth Curve, Prices and Wages