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The Golden Rule Savings Rate Is Achieved When Capital Is

Question 13

Multiple Choice

The golden rule savings rate is achieved when capital is accumulated at a rate that


A) population growth exceeds the depreciation rate.
B) keeps consumption per worker constant in the steady state.
C) minimizes consumption per worker in the steady state.
D) maximizes consumption per worker in the steady state.
E) minimizes the effects of consumption growth on population growth.

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