1. In the steady state of the Solow model with technological progress, which of the following variables...

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1. In the steady state of the Solow model with technological progress, which of the following variables is not constant?

a. capital per effective worker

b. the capital–output ratio

c. the real rental price of capital

d. the real wage

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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