Question: In the Solow model without ex 09 Jerous technological change, per capita income will grow in the long-term as long as the country has an




In the Solow model without ex 09 Jerous technological change, per capita income will grow in the long-term as long as the country has an initial level of capital below the steady state of capital (ko(k ) true or false ?In the Solow model without exogenous technological Changes, Per capita income will grow in the short term as long as the country has an initial level of Capital below the steady state of Capital (kock) true or false?What is the growth rate of the aggregate level of capital (K ), not per capital level (K), in steady State ? a. zero b. equal to depriciation rate of capital C. equal to population growth rate d. it depends on the initial level of capital
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