Multiple Choice
Suppose the following situation exists for an economy: Kt+1/N = Kt/N. Given this information, we know with certainty that:
A) the rate of growth of output is positive in period t.
B) saving per worker is greater than depreciation per worker in period t.
C) saving per worker is less than depreciation per worker in period t.
D) investment per worker equals depreciation per worker in period t.
E) the economy is operating at the golden rule equilibrium in period t.
Correct Answer:

Verified
Correct Answer:
Verified
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