In the Solow Model,if,in the Absence of Any Shocks,the Capital

question 79

Multiple Choice

In the Solow model,if,in the absence of any shocks,the capital stock remains at K* forever,this rest point is called the __________.

• A)saving rate
• B)short-run equilibrium
• C)steady state
• D)the rate of capital accumulation
• E)none of the above