The balanced growth property of the Solow model with population growth and technological progress predicts which of the following sets of variables will grow at the same rate in the steady state?
A) output per effective worker, capital per effective worker, real wage
B) output per worker, capital per worker, real wage
C) real rental price of capital, real wage, output per worker
D) capital-output ratio, output per worker, capital per worker
Correct Answer:
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A)output
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