In the Endogenous Growth Model Presented in the Text

question 13

Multiple Choice

In the endogenous growth model presented in the text,

• A) consumption grows faster than human capital.
• B) human capital grows faster than consumption.
• C) both consumption and human capital grow at the same rate.
• D) neither consumption nor human capital grows in the steady-state.
• E) consumption and human capital grow at varying rates.

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