Problem
1. How does population growth affect the steadystate levels of capital and output per worker?
2. In the Solow growth model, which variables are exogenous and which are endogenous?
3. How does an increase in total factor productivity affect output per worker?
4. What are the four basic results of the Solow growth model? What is the model's chief weakness?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.