Steady-state consumption per worker is
A. less than steady-state saving per worker.
B. less than steady-state investment per worker.
C. larger in the short run than in the long run.
D. steady-state production per worker minus steady-state investment per worker.
Answer: C
Economics
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Refer to the information above. What is the value of the exponent for uneducated labor (L)?
A) 0.75 B) 0.40 C) 0.35 D) 0.15
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