Question
In Robert Solow's model of economic growth, steady-state income per capita increases when a.the population-growth rate increases b.the saving rate decreases c.thesteady state is characterised
In Robert Solow's model of economic growth, steady-state income per capita increases when
a.the population-growth rate increases
b.the saving rate decreases
c.thesteady state is characterised byGNIper capita ofUS$12,535or less
d.therate ofcapitaldepreciation falls
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
5th edition
73375829, 978-0073375823
