If the saving rate is 1 (i.e.,s = 1),we know that
A)K / N will be at its highest level.
B)Y / N will be at its highest level.
C)C / N = 0.
D)all of the above

Question

Quizplus · Accepted Answer

When the saving rate is 1 (s = 1), it means all output is saved and none is consumed. This leads to the highest level of capital accumulation per worker (K/N), the highest level of output per worker (Y/N) because of the increased capital, and consumption per worker (C/N) is zero because all output is saved, not consumed.

If the Saving Rate Is 1 (I