In the Solow Growth Model, with a Given Production Function

question 115

Multiple Choice

In the Solow growth model, with a given production function, depreciation rate, saving rate, and no technological change, lower rates of population growth produce:

• A) lower steady-state ratios of capital per worker.
• B) lower steady-state growth rates of output per worker.
• C) lower steady-state growth rates of total output.
• D) lower steady-state levels of output per worker.

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