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  3. Study Set
    Macroeconomics Study Set 39
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    Exam 8: Economic Growth I: Capital Accumulation and Population Growth
  5. Question
    In the Solow Model, It Is Assumed That A(n) ______
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In the Solow Model, It Is Assumed That A(n) ______

Question 6

Question 6

Multiple Choice

In the Solow model, it is assumed that a(n) ______ fraction of capital wears out as the capital-labor ratio increases.


A) smaller
B) larger
C) constant
D) increasing

Correct Answer:

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