In the Solow model, with population growth:
A) there is no steady state in output per person.
B) the economy never settles down to a steady state and exhibits growth in output per person.
C) the economy eventually settles down to a steady state in output per person.
D) the economy eventually settles down to a steady state with no growth in aggregate output.
E) None of these answers is correct.
Correct Answer:
Verified
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