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

question 20

Multiple Choice

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

• A)the economy is operating at the golden rule equilibrium 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)investment per worker equals depreciation per worker in period t.

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