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A major differences between the Solow growth model and the endogenous growth model is Question 1 options: 1 ) the level of consumption in the
A major differences between the Solow growth model and the endogenous growth model is
Question options:
the level of consumption in the long run.
the different levels of steady states.
the Solow growth model assumes favourable changes in government regulations.
the endogenous growth model assumes continuous declines in the prices of inputs.
the endogenous growth model does not predict convergence in levels of per capita incomes across countries.
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