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In the version of the Solow model with population growth but no technological innovation, at the steady-state: a. Income per capita grows b. Total capital
In the version of the Solow model with population growth but no technological innovation, at the steady-state:
a. Income per capita grows
b. Total capital growth is equal to population growth
c. Total income does not grow
d. Capital per capita grows
The evidence presented suggests that traditionally high-income countries are_____, and that ______ determines_______:
a. Individualistic, cultures institutions
b. Collectuvust; institutions, culture
c. Individualistic, institutions, culture
d. Collectivist, culture, institutions
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