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In the Solow model with constant technological knowledge ( A ), if the economy is initially below its steady-state capital stock: A.economic growth will occur.B.the
In the Solow model with constant technological knowledge (A), if the economy is initially below its steady-state capital stock:
A.economic growth will occur.B.the economy will remain at its current output level.C.depreciation will cause the capital stock to decline.D.economic decline will occur
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