The 1987 the Nobel Laureate, awarded for his contribution to growth theory, was:

Question

Quizplus · Accepted Answer

Robert Solow was awarded the Nobel Prize in Economics in 1987 for his contributions to growth theory, specifically for his development of the Solow model, which is used to explain the long-run economic growth of countries. Keynes and Friedman were not awarded the Nobel Prize in 1987, and while Gregory Mankiw is a well-known economist, he has not been awarded the Nobel Prize.

The 1987 the Nobel Laureate, Awarded for His Contribution to Growth