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6 years ago
The most surprising outcome of the Solow growth model is that
A) the population growth rate has no effect on the standard of living.
B) the capital-labor ratio has no effect on the output-labor ratio.
C) a higher rate of national saving does not lead to a permanently higher rate of output growth.
D) a higher rate of depreciation lowers the capital-labor ratio, but not the output-labor ratio.
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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6 years ago
Thank you for helping me all throughout my semester
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3 years ago
great
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