Multiple Choice
Suppose the economy is operating at the steady state and that there is no technological progress. Which of the following is true given this information?
A) The growth of output per worker is equal to the rate of saving.
B) The growth of output per worker is positive.
C) The growth of output per worker is equal to the rate of investment.
D) The growth of output per worker is zero.
E) The growth of output per worker is equal to the rate of depreciation.
Correct Answer:

Verified
Correct Answer:
Verified
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