In Solow's exogenous growth model, the principal obstacle to ...

[chandani]

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.

[Bison]

Answer to Question 1

B

Answer to Question 2

A

[chandani]

Excellent

[bblaney]

TYSM