In the Absence of Technological Progress,which of the Following Is

question 30

Multiple Choice

In the absence of technological progress,which of the following is true when the economy is operating at the steady state?

• A)the growth of output per worker is zero.
• B)the growth of output per worker is equal to the saving rate.
• C)the growth of output per worker is equal to the rate of investment.
• D)the growth of output per worker is equal to the rate of depreciation.
• E)none of the above

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Adults who engage in the learning process, either for personal development, professional advancement, or returning to education later in life.

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Broad, non-specialized information and awareness about a wide range of topics, facts, and concepts.

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