In the Solow Model, If We Assume That Capital Depreciation

question 61

Multiple Choice

In the Solow model, if we assume that capital depreciation rates are the same across all countries, differences in per capita output can be explained by:

• A) the steady-state capital stock.
• B) the initial capital stock and saving rates.
• C) differences in productivity and saving rates.
• D) the labor stock and saving rates.
• E) None of these answers is correct.

---

Definitions:

Effector Organ

An organ or tissue that responds to neural or hormonal signals, carrying out the final response or action.

Autonomic Ganglion

A collection of nerve cell bodies in the autonomic nervous system that act as relay points for transmitting neurological signals to organs.

Smooth Muscle

A type of muscle found in the walls of hollow organs like the intestines and blood vessels, characterized by its involuntary control and lack of striations.

Pelvic Splanchnic Nerves

Nerves that arise from the sacral spinal nerves, contributing to the autonomic innervation of the pelvic organs.