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Narrbegin Exhibit 12 -According to Exhibit 12

question 44

Multiple Choice

Narrbegin Exhibit 12.2
 Capital stock  per person  Output per  person  Capital stock  depreciation  (at rate of 10  per cent)   Gross in-  vestment  per person  Required  saving  per per-  son  Required  saving  rate  Consump-  tion per  person 100(20%) 4010101025%30120(20%) 46(<15%) 12121226%?144(20%) 50.6(<10%) 141414428.5%36.2172.8(20%) 53.1(5%) 17.317.317.3?%35.8\begin{array} { | c | c | c | c | c | c | c | } \hline \begin{array} { c } \text { Capital stock } \\\text { per person }\end{array} & \begin{array} { c } \text { Output per } \\\text { person }\end{array} & \begin{array} { c } \text { Capital stock } \\\text { depreciation } \\\text { (at rate of 10 } \\\text { per cent) }\end{array} & \begin{array} { c } \text { Gross in- } \\\text { vestment } \\\text { per person }\end{array} & \begin{array} { c } \text { Required } \\\text { saving } \\\text { per per- } \\\text { son }\end{array} & \begin{array} { c } \text { Required } \\\text { saving } \\\text { rate }\end{array} & \begin{array} { c } \text { Consump- } \\\text { tion per } \\\text { person }\end{array} \\\hline 100 \quad ( \langle 20 \% ) & 40 & 10 & 10 & 10 & 25 \% & 30 \\\hline 120 \quad ( \langle 20 \% ) & 46 ( < 15 \% ) & 12 & 12 & 12 & 26 \% &-?- \\ \hline 144 \quad ( \langle 20 \% ) & \begin{array} { c } 50.6 ( < \\10 \% ) \end{array} & 14 & 14 & 144 & 28.5 \% & 36.2 \\\hline 172.8 ( \langle 20 \% ) & 53.1 ( \langle 5 \% ) & 17.3 & 17.3 & 17.3 & { } _ { - } { ?} _ { - } \% & 35.8 \\\hline\end{array}
-According to Exhibit 12.2, the steady-state level of capital per person occurs when:


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