If an economy is growing at 2 percent a year but its rate of technolog
If an economy is growing at 2 percent a year but its rate of technology growth is 1 percent a year, then this country must be:
a. below its steady state level of capital per worker.
b. expected to grow slower in the future.
c. has a savings rate that is too low.
d. none of the above.
ANSWER
B
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