Use the Information Below to Answer the Following Question(s)

Multiple Choice

Use the information below to answer the following question(s) :
1() the rate of depreciation is 14% per year,
2() the population growth rate is 4% per year, and
3() the growth rate of technology is 5% per year.
-Refer to the information above. Which of the following represents the steady- state growth rate of output in this economy?

A) 6%.
B) 9%.
C) 12%.
D) 4%.
E) 18%.