If the Production Function in the Solow Growth Model Is

question 70

Multiple Choice

If the production function in the Solow growth model is given by q = f(human capital,physical capital) ,then in this model:

• A) there is no investment.
• B) there is no labor.
• C) labor is represented by the human capital variable.
• D) there is no depreciation.
• E) there is no economic growth.

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A process of achieving one's goals, aspirations, or standards, often marked by a sense of fulfillment or accomplishment.