The Solow Growth Model Shows That the Growth Rate of Real

question 2

Multiple Choice

The Solow growth model shows that the growth rate of real GDP per worker depends on:

• A)the rate of growth of the money supply.
• B)the growth rate of the labour force, n.
• C)rate of growth of government debt.
• D)all of the above.

---

Definitions:

Mutual Agency

A principle in partnership businesses where each partner has the power to bind the partnership in agreements with third parties.