According to the neoclassical growth model of Robert Solow, countries with a _____ capital per worker will attract additional physical capital.
A) higher level of human
B) lower level of human
C) higher level of physical
D) lower level of physical

Question

Quizplus · Accepted Answer

According to the neoclassical growth model developed by Robert Solow, countries with a lower level of physical capital per worker will attract additional physical capital. This is because the return on investment in these countries is higher due to the law of diminishing returns, making it more attractive for investment in physical capital.

According to the Neoclassical Growth Model of Robert Solow, Countries