📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Which among the following is the reason for convergence

      exhibited by the Solow growth Model ?
      A Static capital-labour ratio Correct Answer Incorrect Answer
      B Declining marginal productivity of capital Correct Answer Incorrect Answer
      C Neutral technical progress. Correct Answer Incorrect Answer
      D Constant rate of growth of population Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Declining marginal productivity of capital is the reason for convergence exhibited in the Solow growth Model.

      Practice Next
      ask-question