A Primary Deficiency of the Solow Growth Model Is That

question 4

Multiple Choice

A primary deficiency of the Solow growth model is that

• A)it does not explain how to control population.
• B)it does not explain economic development.
• C)it does not explain per capita output itself.
• D)it does not explain changes in total factor productivity.
• E)it does not explain the savings and investment relationship.

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