Which of the following are an exogenous variable in the Solow model?
A)productivity
B)depreciation rate
C)saving rate
D)the initial capital stock
E)all of the above

Question

Quizplus · Accepted Answer

In the Solow model, productivity, depreciation rate, saving rate, and the initial capital stock are all considered exogenous variables, as they are determined outside the model and not explained by it.

Which of the Following Are an Exogenous Variable in the Solow