If we define and
As the saving rates in Countries 1 and 2, respectively,
As the depreciation rates in Countries 1 and 2, respectively, and
And
As productivity in Countries 1 and 2, respectively, in the Solow model, the equation ________ predicts that ________ differences contribute the most to differences in steady-state output per worker.
A) ; productivity
B) ; saving rate
C) ; productivity
D) ; productivity
E) ; saving rate
Correct Answer:
Verified
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