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The Solow Growth Model

Question 20

Multiple Choice

The Solow growth model


A) does a better job of explaining income inequality within a country than income inequality in the world.
B) is not consistent with post-industrial revolution development, in contrast to the Malthusian model.
C) explains research and development.
D) shows why China will exceed the United States in terms of per-capita income.
E) predicts convergence in incomes per capita across countries.

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