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ahrayia [7]
3 years ago
13

In the Basic Solow Model without exogenous growth, if the population, and therefore the labor supply, doubles:_______

Business
1 answer:
otez555 [7]3 years ago
3 0

Answer:

In the Basic Solow Model without exogenous growth, if the population, and therefore the labor supply, doubles <u>steady state output per worker will be unchanged.</u>

Explanation:

According to the given scenario options A, B and C are ruled out. Hence, the answer to the above question is option D. Steady state output per worker will be unchanged.

Hope this helps.

 

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