In the Steady State of Solow's Exogenous Growth Model,an Increase

question 22

Multiple Choice

In the steady state of Solow's exogenous growth model,an increase in the savings rate

• A) increases output per worker and increases capital per worker.
• B) increases output per worker and decreases capital per worker.
• C) decreases output per worker and increases capital per worker.
• D) decreases output per worker and decreases capital per worker.
• E) increases output per worker, reduces consumption per worker and decreases capital per worker.

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