If the per-worker production function is given by y = k^1/2, the saving ratio is 0.3, and the depreciation rate is 0.1, then the steady-state ratio of output per worker (y) is: A)1. B)2. C)3. D)4.

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The Answer of If the per-worker production function is given by y = k^1/2, the saving ratio is 0.3, and the depreciation rate is 0.1, then the steady-state ratio of output per worker (y) is: A)1. B)2. C)3. D)4.

If the Per-Worker Production Function Is Given by Y =