INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Economic Growth and Development soru detayı:

PAYLAŞ:

SORU:

What does the Solow growth model imply?


CEVAP:

The Solow growth model implies that the rate of productivity improvement is the dominant factor determining how quickly living standards rise and an increase
in the saving rate has no impact on the long-run rate of economic growth.