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Questions › CUET-PG › CUET-PG 2024 › Q64
4 marks, −1Economics of Growth and Development › Harrod–Domar and Solow growth models › The Solow model and its steady stateModerateabout 1 min

CUET-PG 2024 Question 64: Harrod–Domar and Solow growth models

Which of the following statements hold true when the steady state is attained in the Solow Model? (A) Capital-Labour ratio does not change (B) Depreciation does not change (C) Income per capita does not change (D) Inequality does not change

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Harrod–Domar and Solow growth models has come up 113 times in 7 exams since 2006.

What this question tests

This question is on The Solow model and its steady state, part of Harrod–Domar and Solow growth models in Economics of Growth and Development.

Growth with substitutable factors: capital per worker settles where saving covers depreciation and dilution.

TestStop has 38 past-paper questions on this subtopic; the nearest in year are below.

  • IIT JAM 2022 · Q14An economy follows the Solow model with production function y = √k, where y is output per worker and k is…
Take this paper as a timed mockMore on The Solow model and its steady state

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  • GATE 2026 · Q50Consider a Solow growth model with the production function Yₜ=Kₜ^α Nₜ^(1-α); 0<α<1; where, Yₜ is aggregate output at time t; Kₜ is aggregate capital stock at time t; Nₜ…
  • IIT JAM 2026 · Q57For a closed economy: Sₜ=aYₜ and Iₜ=g(Yₜ-Yₜ₋₁), where Sₜ, Yₜ and Iₜ are savings, income and investment in period t, and a and g are positive constants. For Y₀=100…
  • UGC-NET 2026 · Q3Which of the following assumption is NOT similar in Harrod and Domar Model?
  • CUET-PG 2025 · Q17Which of the following is not correct about the steady state equilibrium for the economy according to neoclassical growth theory?

Question from the CUET-PG 2024 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.