In the Solow growth model,given the values of A,s,n,and d,the economy has an equilibrium growth rate of real GDP equal to
A)s.
B)n.
C)n + d.
D)n - d.
E)s - d.

Question

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In the Solow growth model, the equilibrium growth rate of real GDP is determined by the rate of population growth (n). The model assumes that in the long run, the economy grows at a rate that matches the growth rate of the population, ensuring a stable standard of living. Other factors like the savings rate (s), technological progress (A), and depreciation rate (d) influence the level of output but not the long-term growth rate of real GDP per capita.

In the Solow Growth Model,given the Values of A,s,n,and D,the