The solow growth model tells us that a flood of immigrants


T/F: The Solow growth model tells us that a flood of immigrants will, in the long run, raise interest rates and reduce wages.

T/F: In world in which absolute convergence applies, absolute convergence implies that the dispersion of income per person will converge towards zero.

Please give explanations.

Solution Preview :

Prepared by a verified Expert
Business Economics: The solow growth model tells us that a flood of immigrants
Reference No:- TGS01303212

Now Priced at $10 (50% Discount)

Recommended (90%)

Rated (4.3/5)