36. Suppose the following situation exists for an economy characterized by: Kt+1/N < Kt/N. Given this information, we know that A) consumption per worker will tend to fall as the economy adjusts to this situation. saving per worker is greater than depreciation per worker in period t. C) saving per worker equals depreciation per worker in period t. D) none of the above

36. Suppose the following situation exists for an economy characterized by: Kt+1/N < Kt/N. Given this information, we know that A) consumption per worker will tend to fall as the economy adjusts to this situation. saving per worker is greater than depreciation per worker in period t. C) saving per worker equals depreciation per worker in period t. D) none of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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