Figure 4.1
Determinants
of k/k
-In Figure 4.1, if the initial amount of labour increases, then during the transition to the steady state:
A) the growth rate of capital per worker and output per worker increase.
B) the growth rate of capital per worker and output per worker decrease.
C) the growth rate of capital per worker increases and output per worker decrease.
D) the growth rate of capital per worker decreases and output per worker increases.
Correct Answer:
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Determinants
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Determinants
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Determinants
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Determinants
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Determinants
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