Part 2 - Question 20 · Introducció a la Macroeconomia UPF 2018
Tema: Creixement a llarg termini: el model de Solow · Del examen Final Exam - April 2018 (2018)
Enunciado
Part 2
Part 2 - Question 20 (0.25 points). Solow model predictions with technological progress
In Spain, the rate of growth of output per worker from 1985-2014 was 1%, while the rate of technological progress in the same period was 0.3%. According to the Solow model, which of the following is true?
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Solución
Según los criterios oficiales de corrección
In Spain, the rate of growth of output per worker from 1985-2014 was 1%, while the rate of technological progress in the same period was 0.3%. According to the Solow model, which of the following is true?
Solución: c. If the rate at which technology improves does not change in the future, the growth of output per worker will eventually slow down
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