In the Solow growth model of Chapter 7,where s is the saving rate,y is output per worker,and i is investment per worker,consumption per worker (c)equals:

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According to the Solow growth model, the production function is given by Y = F(K,AL), where K is the capital per worker, A is the level of technology, and L is the labor force. The steady-state level of output per worker (y) is given by y = f(k), where k is the steady-state level of capital per worker. Assuming a constant savings rate (s), the steady-state level of investment per worker (i) is given by i = sy. Therefore, the steady-state level of consumption per worker (c) can be calculated as c = y - i = y - sy = (1 - s)y. Thus, the correct answer is B.

In the Solow Growth Model of Chapter 7,where S Is