One Prediction of the Solow Growth Model Is Constant Steady-State

question 29

Multiple Choice

One prediction of the Solow growth model is constant steady-state growth. Using extrapolation techniques for growth rates from prewar data for the United States, the United Kingdom, and Japan, which countryies) least supports) the Solow model's steady-state growth predictions?

• A) United States
• B) Japan
• C) United Kingdom
• D) Both the United States and the United Kingdom
• E) Both the United States and the Japan

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