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A Central Lesson of the Solow Model Is That

Question 89

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A central lesson of the Solow model is that:


A) capital accumulation cannot serve as the engine of long-run per capita economic growth.
B) capital accumulation is the only engine of long-run per capita economic growth.
C) consumption is the only engine of short-run per capita economic growth.
D) saving rates serve as the engine of long-run per capita economic growth.
E) the initial capital stock plays a large part in long-run economic growth.

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