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Social Science Clinic => Economics => Macroeconomics => Topic started by: yoroshambo on Jan 2, 2020

Title: In the steady state of Solow's exogenous growth model, an increase in the population growth rate
Post by: yoroshambo on Jan 2, 2020

In the steady state of Solow's exogenous growth model, an increase in the population growth rate
◦ decreases output per worker and increases capital per worker.
◦ increases output per worker and decreases capital per worker.
◦ decreases output per worker and decreases capital per worker.
◦ increases output per worker and increases capital per worker.
◦ decreases output per worker and the marginal product of labour.

Title: In the steady state of Solow's exogenous growth model, an increase in the population growth rate
Post by: duke02 on Jan 2, 2020

decreases output per worker and decreases capital per worker.