MCQOPTIONS
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| 1. |
In the Solow model, if capital is in the steady state, output: |
| A. | will continue to grow. |
| B. | is also in the steady state. |
| C. | will continue to grow, but its rate of growth will slow down. |
| D. | will decline, but its rate of growth will be positive. |
| Answer» C. will continue to grow, but its rate of growth will slow down. | |