1) A major difference between the Solow growth model and the endogenous growth model is _______________

A.the different levels of steady-state real GDP

B.that the endogenous growth model does not predict convergence in levels of per capita incomes across countries

C.that the endogenous growth model assumes continuous declines in the prices of inputs

D.the different levels of consumption in the long run

2) Suppose a country is significantly richer than others. According to the Solow growth model, what happens in the long run?

A.The other countries catch up to the rich one.

B.The rich country grows the fastest.

C.The rich country becomes poorer than the other ones.

D.Income difference persists between the other countries and the rich one.