If it is assumed that capital is alike and freely mobile between economies, the Solow growth model
A) has no need of the recent attempts at improving it.
B) suffers from the "exogeneity" problem.
C) suffers from the "non-convergence" problem.
D) suffers from the "incentives" problem.
C
Economics
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Which factor of production is paid "profit"?
A) entrepreneurship B) human capital C) labor D) land E) capital
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The formula for calculating the CPI is
A) (Expenditures in the current year × Expenditures in the base year)/100. B) (Expenditures in the base year/Expenditures in the current year). C) (Expenditures in the base year × 100)/(Expenditures in the current year). D) (Expenditures in the current year/Expenditures in the base year) × 100.
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