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According to Solow growth model Question 13 options: A) Higher investment rate will lead to lower capital accumulation which will cause higher output B) Increase
According to Solow growth model Question 13 options: A) Higher investment rate will lead to lower capital accumulation which will cause higher output B) Increase in education will lead to lower capital accumulation which will cause higher output C) Better ideas will lead to higher output for the same level of capital accumulation, which will cause lower investment, decrease in capital accumulation and further increase in output D) Better ideas will lead to higher output for the same level of capital accumulation, which will cause higher investment, increase in capital accumulation and further increase in output
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