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Title: In the steady state of Solow's exogenous growth model, an increase in the growth rate of labour ...
Post by: smitch6 on Dec 10, 2017
In the steady state of Solow's exogenous growth model, an increase in the growth rate of labour force
A) increases output per worker and increases capital per worker.
B) increases output per worker and decreases capital per worker.
C) decreases output per worker and increases capital per worker.
D) decreases output per worker and decreases capital per worker.
E) decreases output per worker and the marginal product of labour.


Title: Re: In the steady state of Solow's exogenous growth model, an increase in the growth rate of labour ...
Post by: shabith on Dec 10, 2017
D