In the Solow model, it is assumed that a(n) _____ fraction of capital wears out as the capital-labour ratio increases.

Name: In the Solow model, it is assumed that a(n) _____ fraction of capital wears out as the capital-labour ratio increases.
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In the Solow model, it is assumed that a constant fraction of capital wears out, regardless of changes in the capital-labour ratio. This is represented by the depreciation rate, which is a fixed percentage of the capital stock.

In the Solow Model, It Is Assumed That A(n) _____