If Two Economies Are Identical (With the Same Population Growth

Multiple Choice

If two economies are identical (with the same population growth rates and rates of technological progress) , but one economy has a lower saving rate, then the steady-state level of income per worker in the economy with the lower saving rate:

A) will be at a lower level than in the steady state of the high-saving economy.
B) will be at a higher level than in the steady state of the high-saving economy.
C) will be at the same level as in the steady state of the high-saving economy.
D) will grow at a slower rate than in the high-saving economy.