Solved

In the Steady State,assuming That a Constant Share of the Population

Question 55

Multiple Choice

In the steady state,assuming that a constant share of the population is working,


A) both real GDP per worker and real GDP per capita will grow at the same rate.
B) real GDP per worker will grow at a faster rate than real GDP per capita.
C) real GDP per capita will grow at a faster rate than real GDP per worker.
D) both real GDP per worker and real GDP per capita will remain constant.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents