In Solow's exogenous growth model,the principal obstacle to continuous growth in output per capita is due to
A) the declining marginal product of labour.
B) the declining marginal product of capital.
C) limits in the ability of government policy makers.
D) too little savings.
E) not enough consumption per worker.
Correct Answer:
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Q27: A pessimistic long run Malthusian result is
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