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Which Statement Is Consistent with the Predictions of the Simple

Question 149

Multiple Choice

Which statement is consistent with the predictions of the simple Solow model with no technological advancement?


A) In the long run,economic growth is zero.
B) In the long run,a higher capital stock raises economic growth.
C) In the long run,rich countries grow faster than poor countries.
D) In the long run,a higher saving rate reduces economic growth.

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