Introduction to Economics 2 Deneme Sınavı Sorusu #350004

According to Solow model, which of the following is/are among the fundamental determinants of long-run living standards?


The saving rate

 

Population growth

 

Productivity growth

 

All of the above

 

None of the above


Yanıt Açıklaması:

We can see the effects of changes in saving rate, population growth and productivity growth on the steady-state capital-labor ratio and the long-run living standards in the Solow growth model.

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