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Author Question: In Solow's exogenous growth model, the principal obstacle to continuous growth in output per capita ... (Read 49 times)

chandani

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on: Jun 30, 2018
In Solow's exogenous growth model, the principal obstacle to continuous growth in output per capita is due to
 
  A) the declining marginal product of labor.
  B) the declining marginal product of capital.
  C) limits in the ability of government policymakers.
  D) too little savings.

Question 2

What is the real GDP in year 2 using base year 2?
 
  A) 418.
  B) 300.
  C) 360.
  D) 338.


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Bison

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


chandani

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Hdosisshsbshs

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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