Which of the following are true in case of Solow model?
A. Saving is determined endogenously
B. Population grows at constant rate
C. There is constant returns to scale
D Saving ratio is constant
E. Entrepreneurs invest for the new ideas
Choose the correct answer from the options given below:
1
B, C and D only
2
A, B and Conly
3
C, D and E only
4
D, E and A only