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johnpaul92 johnpaul92
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9 years ago
In a steady state
A) consumption per worker can change, but the capital-labor ratio is constant.
B) capital and labor, by definition, are inversely related to one another.
C) both consumption per worker and the capital-labor ratio are constant.
D) consumption per worker is constant, but the capital-labor ratio can change.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 150 times
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supamansupaman
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9 years ago
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johnpaul92 Author
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9 years ago
Appreciate your help, thank you again
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9 years ago
Glad to be part of your success Wink Face
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