Suppose the Following Situation Exists for an Economy: Kt+1/N =

question 1

Multiple Choice

Suppose the following situation exists for an economy: Kt+1/N = Kt/N. Given this information, we know that:

• A) saving per worker is greater than depreciation per worker in period t.
• B) the saving rate fell in period t.
• C) saving per worker is less than depreciation per worker in period t.
• D) saving state consumption is equal to the golden rule level of steady state consumption.
• E) saving per worker equals depreciation per worker in period t.

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