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smitch6 smitch6
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6 years ago
Which feature of the data can the Solow growth model not replicate?
A) There is a widening gap between income levels across countries.
B) The investment rate is positively related to the income per worker.
C) The population growth rate is negatively related to the income per worker.
D) An increase in the savings rate causes an increase in income per worker.
E) In developed countries, there is steady growth in income per capita.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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Blade73Blade73
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6 years ago
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smitch6 Author
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6 years ago
Smart ... Thanks!
nadiia
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
cipcal
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2 hours ago
Just got PERFECT on my quiz
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