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  3. Study Set
    Modern Principles of Economics
  4. Exam
    Exam 8: Growth, Capital Accumulation and the Economics of Ideas: Catching up Vs the Cutting Edge
  5. Question
    In the Solow Model with Constant Technological Knowledge (A), When
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In the Solow Model with Constant Technological Knowledge (A), When

Question 38

Question 38

Multiple Choice

In the Solow model with constant technological knowledge (A) , when the economy reaches a steady state:


A) catching-up growth occurs.
B) cutting-edge growth occurs.
C) growth stops.
D) both catching-up and cutting-edge growth occur.

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