【曼昆 宏观经济学 经典】Mankiw 5e Chapter 7.pdfVIP

Mankiw 5e Chapter 7 The Solow growth model assumes that the production function exhibits A. decreasing returns to scale. B. constant returns to scale. C. increasing returns to scale. D. increasing marginal product. 0 out of 1 Incorrect. The correct answer is B. The production function used in the Solow growth model exhibits constant returns to scale. See Section 7-1. Which of the following is not assumed by the Solow growth model? A. Constant returns to scale in production B. Output depends only on capital, labor, and technology C. Diminishing marginal