Which of the following statement is not true?
A) In the Solow model, the marginal productivity of capital depends on the level of capital.
B) In the endogenous growth model, the marginal productivity of capital is diminishing.
C) In the Solow model, the marginal productivity of capital diminishes as capital increases.
D) In the endogenous growth model, the marginal productivity of capital is constant.
Correct Answer:
Verified
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