The ___ model of economic growth posits that long-term per capita economic growth is driven primarily by exogenous technological progress, rather than just capital accumulation and labor force expansion.

Answer: Solow (or Solow-Swan)

The Neoclassical Solow-Swan growth model demonstrates that merely adding more capital and labor will eventually lead to diminishing returns. It concludes that sustained, long-term increases in living standards and per capita income can only be achieved through continuous, exogenous technological advancements that improve total factor productivity.