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Munze Munze
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6 years ago
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
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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6 years ago
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Munze Author
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6 years ago
Helped a lot
macbookpro1
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Thanks for your help!!
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This helped my grade so much Perfect
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