An Economy with Parameter Values of Population Growth N=0

An economy with parameter values of population growth n=0.025, efficiency of labor growth g=0.02, depreciation rate =0.035, and a diminishing-returns-to-investment parameter =0.3 would, if off of its steady-state growth path, close a fraction equal to _______ of the gap between its current state and its steady-state each year.

A) 5.6 percent
B) 2.8 percent
C) 1.2 percent
D) 2.4 percent