In a Steady State

question 59

Multiple Choice

In a steady state,

• A)both consumption per worker and the capital-labour ratio are constant.
• B)consumption per worker is constant,but the capital-labour ratio can change.
• C)capital and labour,by definition,are inversely related to one another.
• D)consumption per worker can change,but the capital-labour ratio is constant.

---

Definitions:

Unbiased Tutoring Centers

Educational facilities offering supplemental instruction in various subjects without showing preference or prejudice towards any ideology or educational method.

Statistical Discrimination

Discrimination that arises because an irrelevant but observable personal characteristic is correlated with a relevant but unobservable attribute.

Hiring Manager

An individual within an organization responsible for interviewing, evaluating, and selecting candidates for a specific job opening.

Industry

A segment of the economy composed of businesses and organizations that share a common focus, producing similar goods or services.