In the Solow growth model, countries with identical total factor productivities, identical labour force growth rates, and identical savings rates O A. there is no convergence to the same level of...


In the Solow growth model, countries with identical total factor productivities, identical labour force growth rates, and identical savings rates<br>O A. there is no convergence to the same level of capital per worker or output per worker.<br>B. always have identical levels of capital per worker and output per worker.<br>O C. in equilibrium, have identical levels of capital per worker but not necessarily identical levels of output per worker.<br>D. in equilibrium, have identical levels of capital per worker and output per worker.<br>E. in equilibrium, have identical levels of output per worker but not necessarily identical levels of capital per worker.<br>

Extracted text: In the Solow growth model, countries with identical total factor productivities, identical labour force growth rates, and identical savings rates O A. there is no convergence to the same level of capital per worker or output per worker. B. always have identical levels of capital per worker and output per worker. O C. in equilibrium, have identical levels of capital per worker but not necessarily identical levels of output per worker. D. in equilibrium, have identical levels of capital per worker and output per worker. E. in equilibrium, have identical levels of output per worker but not necessarily identical levels of capital per worker.

Jun 09, 2022
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