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Assume That Technological Progress Does Not Occur

Question 21

Multiple Choice

Assume that technological progress does not occur. In Japan, the rate of saving has generally been greater than in the U.S. Given this information, we know that in the long run:


A) The U.S. growth rate will be greater than the Japanese growth rate.
B) Output per worker in Japan will be greater than U.S. output per worker.
C) Output per worker in the U.S. will be greater than Japanese output per worker.
D) Japan's growth rate will be greater than the U.S. growth rate.
E) Capital per worker in Japan will be no different than U.S. capital per worker.

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