The Solow Growth Model predicts that?

سولو نمو کا ماڈل اس کی پیش گوئی کرتا ہے؟

Rich nations will grow faster than poor nations

The rich will get richer and the poor will get poorer

The rich will get poorer and the poor will get richer

Poor nations will grow faster than rich nations

Explanation

The Solow Growth Model predicts that countries with lower levels of capital per worker (typically poorer nations) will grow faster than countries with higher levels of capital per worker (typically richer nations) because they have a higher marginal product of capital. This leads to convergence, where poorer nations catch up with richer nations over time.