The Solow growth model tells us that the standard living in country A can be higher than in country B for all the following reasons,except
A) country A has lower population growth than country B.
B) country A has a higher savings rate than country B.
C) country A has a higher depreciation rate than country B.
D) country A has higher total factor productivity than country B.
Correct Answer:
Verified
Q2: Endogenous growth theory is about
A) the welfare
Q3: Barriers to Riches,by S. Parente and E.
Q4: In the endogenous growth model,an increase in
Q5: Human capital is knowledge in
A) books.
B) people.
C)
Q6: In the endogenous growth model,human capital accumulation
Q7: According to Solow's exogenous growth theory,what happens
Q8: Suppose a poor economy inches towards the
Q9: When countries converge,
A) they all grow at
Q10: In the endogenous growth model,workers divide their
Q11: Which of the following is not a
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