Economics · Endogenous Growth Theory
According to Endogenous Growth Models (such as the AK model), long-term economic growth rate increases primarily with an increase in:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Population growth rate
- 2Savings and investment rate✓
- 3Tariffs to shield domestic industries
- 4Foreign trade restrictions
Correct answer
Savings and investment rate
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