In the Solow Growth Model,the Law of Motion of Capital

question 38

Multiple Choice

In the Solow growth model,the law of motion of capital takes into account

• A) the depreciation of old capital.
• B) the residential nature of houses.
• C) the mobility of capital.
• D) the costs of shipping and installing capital.
• E) the impact of consumption on population growth.

---

Definitions:

JIT

Just-In-Time, an inventory management strategy that aims to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.