In which year did Robert Solow win the Nobel Prize?
1987
1990
1980
1975
Answer
Robert Solow was awarded the Nobel Prize in Economic Sciences in 1987 for his contributions to Theory of economic growth. His work focused on the role of technological progress and capital accumulation in driving long-run economic growth. Solow's model, known as the Solow growth model, is a fundamental framework for understanding the determinants of economic growth and has been widely used in empirical studies.
Robert Solow Quiz-topia: 31 Questions to Explore Your Knowledge
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