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

question 35

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

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