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    Macroeconomics Study Set 47
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    Exam 12: Technological Progress and Growth
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    Use the Following Information to Answer the Question(s) Below
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Use the Following Information to Answer the Question(s) Below

Question 63

Question 63

Multiple Choice

Use the following information to answer the question(s) below:
6 = 0.13
gA = 0.05
gN = 0.04
-Given the information above, the steady state rate of growth of output per worker is:


A) 22%.
B) 0%.
C) 5%.
D) 4%.
E) 9%.

Correct Answer:

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