With Steady State Growth

question 15

Multiple Choice

With steady state growth:

• A)the optimal output per worker grows faster than optimal capital per worker.
• B)the steady state growth rate of real GDP per worker is less than the rate of technological progress.
• C)the average product of capital is constant.
• D)all of the above.

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Definitions:

Nonskeletal Adaptations

Changes in organisms that involve functional or physiological modifications rather than changes to the skeletal structure.

Land Dwellers

Organisms that live primarily or exclusively on land as opposed to aquatic or aerial environments.

Ancestors Of Amphibians

Early vertebrates from which modern amphibians are descended, likely evolving in the Devonian period.

Lobe-Finned Fish

Jawed fish with fins supported by internal bones; for example, a coelacanth or lungfish.