(Exhibit: Capital-Labor Ratio and the Steady State) 
Reference: Ref 7-2 
(Exhibit: Capital-Labor Ratio and the Steady State) In this graph, capital-labor ratio k2 Is not
The steady-state capital-labor ratio because:
A) the saving rate is too high.
B) the investment ratio is too high.
C) gross investment is greater than depreciation.
D) depreciation is greater than gross investment.
Correct Answer:
Verified
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