The key difference between the Solow and production models is that the Solow model endogenizes the saving rate.

Name: The key difference between the Solow and production models is that the Solow model endogenizes the saving rate.
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The key difference is that the Solow model assumes a constant saving rate (exogenous), while endogenous growth models (not the Solow model) allow the saving rate to be determined within the model itself.

The Key Difference Between the Solow and Production Models Is