According to Solow’s exogenous growth theory, what happens to a countr
According to Solow’s exogenous growth theory, what happens to a country at steady state that suffered extensive capital destruction due to a war or climate event?
A) It will stay poor forever.
B) It will grow back to be richer than before.
C) It will get back to its original status.
D) Anything can happen.
ANSWER
C
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