Author Question: In Solow's exogenous growth model, the principal obstacle to continuous growth in output per capita ... (Read 102 times)

chandani · **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.