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The Formula for Steady-State Consumption Per Worker (C*) as a Function

Question 58

Multiple Choice

The formula for steady-state consumption per worker (c*) as a function of output per worker and investment per worker is:


A) c* = f(k*) - δ\delta k*.
B) c* = f(k*) + δ\delta k*.
C) c* = f(k*) ÷ δ\delta k*.
D) c* = k* - δ\delta f(k) *.

Correct Answer:

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