If an economy described by the Solow-Swan model experiences a shock to only one of the variables in the Solow-Swan model, and that shock does not change the half-life, which of the following shocks occurred?
If an economy described by the Solow-Swan model experiences a shock
to only one of the variables in the Solow-Swan model, and that shock does not change the half-life, which of the following shocks occurred?
ACapital’s share of income decreased.
B Aggregate capital increased.
CNone of the choices given is correct.
DThe depreciation rate increased.
E The growth rate of the labor force decreased.
I wanna know why