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In the Steady-State Diagram of the Solow Model,an Increase in Saving

Question 51

Multiple Choice

In the steady-state diagram of the Solow model,an increase in saving per worker is shown by


A) shifting the saving-per-worker curve down, resulting in a lower steady-state capital-labor ratio.
B) shifting the saving-per-worker curve up, resulting in a higher steady-state-capital-labor ratio.
C) shifting the saving-per-worker curve up, resulting in a lower steady-state capital-labor ratio.
D) shifting the saving-per-worker curve down, resulting in a higher steady-state capital-labor ratio.

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