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According to the Solow Model of Economic Growth,if Per Capita

Question 38

Multiple Choice

According to the Solow model of economic growth,if per capita savings,s (Y/N) 0,exceeds required steady state investment,(n + d) K/N,then


A) per capita output declines.
B) capital per capita increases.
C) capital per capita decreases.
D) steady state growth characterizes the economy.

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