In the name of ALLAH, the most beneficient, the most merciful

Macroeconomics (ECO403)

Question (select most suitable option)

  In the Solow growth model, persistent increases in standards of living are due to which of the following?
Technological progress, which leads to sustained growth in output per worker.
A high saving rate, which leads to sustained high rates of growth.
A high rate of population growth, which leads to a larger labor force.
All of the given options.