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Other Fields Homework Help Economics Topic started by: Ao9 on Oct 27, 2015



Title: In Solow's exogenous growth model, the economy reaches a stable steady state because
Post by: Ao9 on Oct 27, 2015
In Solow's exogenous growth model, the economy reaches a stable steady state because
A) capital is growing at a constant rate.
B) the substitution effect is stronger than the income effect.
C) the marginal return of capital is decreasing.
D) conditional convergence holds.


Title: Re: In Solow's exogenous growth model, the economy reaches a stable steady state because
Post by: Gordis on Oct 29, 2015
Content hidden


Title: Re: In Solow's exogenous growth model, the economy reaches a stable steady state because
Post by: Ao9 on Nov 2, 2015
Solved!!


Title: Re: In Solow's exogenous growth model, the economy reaches a stable steady state because
Post by: Gordis on Nov 2, 2015
I'm assuming I was right? ;) Don't forget to mark as solved.