contestada

If technical progress is labour-augmenting, then:

A) the growth rate of capital per worker is higher than the growth rate of output per worker in the steady state.

B) the growth rate of capital per worker is lower than the growth rate of output per worker in the steady state.

C) the capital stock and output are growing at the rate of population growth plus technical progress in the steady state.

D) saving does not equal required investment in the steady state.

E) the level of golden-rule consumption does not occur at the capital-labour ratio at which the marginal product of capital equals the slope of the required investment line.