In the Solow growth model, the steady-state occurs when:
A) capital per worker is constant.
B) the saving rate equals the depreciation rate.
C) output per worker equals consumption per worker.
D) consumption per worker is maximized.

Question

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The Answer of In the Solow growth model, the steady-state occurs when:
A) capital per worker is constant.
B) the saving rate equals the depreciation rate.
C) output per worker equals consumption per worker.
D) consumption per worker is maximized.

In the Solow Growth Model, the Steady-State Occurs When