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    Intermediate Macroeconomics
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    Exam 5: Conditional Convergence and Long-Run Economic Growth
  5. Question
    With Steady State Growth
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With Steady State Growth

Question 55

Question 55

Multiple Choice

With steady state growth:


A) the optimal output per worker grows faster than the optimal capital per worker.
B) the steady state growth rate of real GDP per worker is greater than the rate of technological progress.
C) the average product of capital is falling.
D) all of the above.

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