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johnpaul92 johnpaul92
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8 years ago
According to the Solow model, an increase in the capital-labor ratio will
A) increase steady state consumption per worker if the capital-labor ratio is below the Golden rule capital stock.
B) always increase steady state consumption per worker.
C) reduce steady state consumption per worker if the capital-labor ratio is below the Golden rule capital stock.
D) always reduce steady state consumption per worker.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
This answers my question, thank you so much
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#3
4 years ago
GOOD
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