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Assume That an Economy Experiences Both Positive Population Growth and Technological

Question 45

Multiple Choice

Assume that an economy experiences both positive population growth and technological progress.Once the economy has achieved balanced growth,we know that the capital per effective worker ratio (K / NA) is


A) growing at a rate of δ + gA + gN.
B) growing at a rate of gA + gN.
C) growing at a rate of gN.
D) growing at a rate of gA.
E) none of the above

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