Multiple Choice
Suppose the following situation exists for an economy: Kt+1/N = Kt/N. Given this information, we know that:
A) saving per worker is greater than depreciation per worker in period t.
B) the saving rate fell in period t.
C) saving per worker is less than depreciation per worker in period t.
D) saving state consumption is equal to the golden rule level of steady state consumption.
E) saving per worker equals depreciation per worker in period t.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: In the richer countries, over the past
Q3: Suppose an economy experiences a decrease in
Q4: Suppose there is a decrease in the
Q5: Assume zero population growth and zero technical
Q6: Which of the following statements is always
Q7: When the economy is in the steady
Q8: Suppose the following situation exists for an
Q9: The main macroeconomic implication of a pay-
Q10: The main macroeconomic implication of a fully
Q11: Which of the following will likely cause