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Home Q & A Board Other Fields Homework Help Business Economics
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Roar Roar
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7 years ago
In the absence of technological progress, we know that the level of output per worker in the steady state will
A) increase over time.
B) remain constant.
C) decrease as a result of decreasing returns to scale.
D) increase or decrease, depending on the rate of saving.
E) increase or decrease, depending on the rate of depreciation.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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vonCOLLINZOvonCOLLINZO
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7 years ago
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Roar Author
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#2
6 years ago
Tough macro class, thanks for helping
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