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Barro
Chapter 5
TRUE/FALSE
1 ? In the Solow growth model, the growth rate of capital per worker is positively related to the optimum capital per worker.
In the Solow growth model the growth rate of capital per worker is positively related to the initial level of capital per worker.
The Solow growth model with technological progress has continuous output per worker growth in the steady state.
4? Ideas are rival goods?
5. Governments grant patents and copyrights to encourage firms to engage in research and development.
MULTIPLE CHOICE
Conditional convergence is the tendency of economies to conve
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