Which one of the following statements is FALSE? Group of answer choices If investment per worker is less than depreciation per worker, then capital per worker decreases. If investment per worker exceeds depreciation per worker, then capital per worker increases. In steady-state, investment equals to depreciation. In steady-state, capital per worker keeps growing steadily.
Which one of the following statements is FALSE? Group of answer choices If investment per worker is less than depreciation per worker, then capital per worker decreases. If investment per worker exceeds depreciation per worker, then capital per worker increases. In steady-state, investment equals to depreciation. In steady-state, capital per worker keeps growing steadily.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which one of the following statements is FALSE? Group of answer choices
If investment per worker is less than
If investment per worker exceeds depreciation per worker, then capital per worker increases.
In steady-state, investment equals to depreciation.
In steady-state, capital per worker keeps growing steadily.
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