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The Solow Growth Model

Question 45

Multiple Choice

The Solow growth model


A) predicts convergence in incomes per capita across countries.
B) shows why China will exceed the United States in terms of per-capita income.
C) is not consistent with post-industrial revolution development, in contrast to the Malthusian model.
D) explains research and development.
E) does a better job of explaining income inequality within a country than income inequality in the world.

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