In the Solow Growth Model,countries with Identical Total Factor Productivities,identical

question 24

Multiple Choice

In the Solow growth model,countries with identical total factor productivities,identical labour force growth rates,and identical savings rates

• A) always have identical levels of capital per worker and output per worker.
• B) in equilibrium, have identical levels of capital per worker and output per worker.
• 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 output per worker but not necessarily identical levels of capital per worker.
• E) there is no convergence to the same level of capital per worker or output per worker.

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