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Ao9 Ao9
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Posts: 1908
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8 years ago
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.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Posts: 1906
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8 years ago
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Ao9 Author
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#2
8 years ago
Solved!!
wrote...
#3
8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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