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In the Solow Model, with Population Growth

Question 42

Multiple Choice

In the Solow model, with population growth:


A) there is no steady state in output per person.
B) the economy never settles down to a steady state and exhibits growth in output per person.
C) the economy eventually settles down to a steady state in output per person.
D) the economy eventually settles down to a steady state with no growth in aggregate output.
E) None of these answers is correct.

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