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NO credit is given for your response true, false or uncertain. You must give your reasoning. a) TFU: In the Solow growth model, a higher
NO credit is given for your response true, false or uncertain. You must give your reasoning. a) TFU: In the Solow growth model, a higher savings rate is a good way to get higher GDP and higher GDP growth. b) TFU: The Solow growth model tells us that a flood of immigrants will, in the long run, raise interest rates and reduce wages. c) TFU: In world in which absolute convergence applies, absolute convergence implies that the dispersion of income per person will converge towards zero
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