Multiple Choice
If we define and
As the saving rates in Countries 1 and 2, respectively,
As the depreciation rates in Countries 1 and 2, respectively,
And
As productivity in Countries 1 and 2, respectively, and the production function per worker is
In both countries, the Solow model predicts the ratio of GDP per worker in Country 1 relative to Country 2 is:
A)
B)
C)
D)
E)
Correct Answer:

Verified
Correct Answer:
Verified
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