In the Solow growth model in the steady state the growth rate of output per worker, y*, is:
A)rising.
B)falling.
C)constant at zero.
D)fluctuating.

Question

Quizplus · Accepted Answer

In the Solow growth model, in the steady state, the growth rate of output per worker is constant at zero. This means that the economy is not growing or declining, but is maintaining a steady state level of output per worker.

In the Solow Growth Model in the Steady State the Growth