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In a Steady-State Economy with No Population Growth,capital Per Worker

Question 21

Multiple Choice

In a steady-state economy with no population growth,capital per worker is 86,the saving rate is 25 percent,and the depreciation rate is 11 percent.The level of output per worker is ________.


A) 195
B) 38
C) 35
D) 47

Correct Answer:

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