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The Solow Model with Population Growth but No Technological Change

Question 66

Multiple Choice

The Solow model with population growth but no technological change cannot explain persistent growth in standards of living because:


A) total output does not grow.
B) depreciation grows faster than output.
C) output, capital, and population all grow at the same rate in the steady state.
D) capital and population grow, but output does not keep up.

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